Tri-Valley Corp (fka TVLYQ)

[jonesieatl]

Geo , $7.98 was just ONE possibility

And of course it's all just estimates based on assumptions about how much market capitalization the NEW top 3000 U.S.-traded stocks (as of 5/30/08) might have lost since the previous Reconstitution.

What we are really interested in is the market cap. of the stock ranked 3000th in the newly-Reconstituted Russell 3000 , as that will be the smallest market cap. company in the Russell 3000 and Russell 2000.

My 'guess' and Ms. Roberts' 'guess' as to the min. mkt. cap generated estimates of TIV's required PPS ranging from $6.25 to $7.98 , with part of the outcome hinging on how good a job Russell does in tallying TIV's O&D holdings.

                      TIV PPS Required          TIV PPS Required 
 Predictor         Using Total Outstanding   Using Free-Float Adjustment 
  
 Ms. Roberts               $6.25                     $7.08 
 jonesie                   $7.04                     $7.98