SunCom Wireless Holdings Inc. fka TPC

[Raglanroadie]

Although that would be great if it happened I just don't see how it can when wireless companies are bought for between $1,900 to $2,600 per subscriber. Maybe if the debt for equity swap had been for a lower percentage but at 87.5% it is hard to imagine anything over $4. They only have roughly 1.05 million subs and will still have 1 billion in debt after the swap. Ignoring current assets and liabilities say we net 1.4 billion after a purchase. That leaves us current class A shareholders with 12.5 percent of that sum. Therefore we get roughly 175 million which compares to the current market cap how?