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Re: uzualsuzpect post# 103212

Saturday, 09/26/2009 4:12:02 PM

Saturday, September 26, 2009 4:12:02 PM

Post# of 749756
Value of WAMUQ Common Stock: More than $15.41

Based on the accounting Y!, I compute the value of WAMUQ Common Stock to be more than $15.41 as shown below:

• Negative common stock holders’ equity (as shown per Balance Sheet filed By WAMUQ with Trustee/S.E.C.) -$1.4 Billion
• Cash* on deposit at WaMu +4.4
• Minimum Refund amount due from IRS
because of Net Operating Losses* (NOLs)
carried back to prior years (as shown in
footnote to WAMUQ’s Balance Sheet filed by
WAMUQ with Trustee/S.E.C.) +2.6

Value from accounting Y!
(Not including Unliquidated Claims) 20.6

TOTAL $26.2 Billion Billion

*Currently in litigation

$26.2 Billion divided by 1.7 Billion WAMUQ common shares outstanding = $15.41

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