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Re: A deleted message

Thursday, 04/03/2008 11:59:14 AM

Thursday, April 03, 2008 11:59:14 AM

Post# of 8473
I just did the math on BBerg- given an 80 vol where current Implied Vol is the optionality is worth $2.70. To have 80 vol over a 7 year life is too high. If you do 30-40 vol you get a price closer to $0.90 which makes it an at market deal including the value of the warrant.

You have to admit you made an absolute statement which has been proven wrong multiple times.
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