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winner06

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winner06

Re: None

Wednesday, 09/17/2008 12:45:12 AM

Wednesday, September 17, 2008 12:45:12 AM

Post# of 10366
Following:
LEH Market cap - $206.7 million
Total shares - 689 million

New cash after sale of broker unit - $2 billion. Not knowing under laws of bankruptcy laws, is it safe to assume that $2 billion adds to the market cap? If so, $2 billion on 689 million shares = $2.9/share.

I know we need to look at assets and liabilites, however as of prior to filing BK, my understanding is that LEH had positive equity after taking out all assets. How does anyone else value this LEH sale and other sales that will take place in the future?


What would this sale do to LEH price?

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