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Re: gunnabeoneday post# 19324

Thursday, 11/25/2004 11:18:09 AM

Thursday, November 25, 2004 11:18:09 AM

Post# of 82595
gunnabe, He didn't say the market cap was static. That is a misrepresentation of the argument. His exact words are "There has to be an increase in pps for this deal to work." [note: Increase in pps = increase in capitalization]

You said there were a couple of options; Higher pps OR more shares. (You also suggested a combination of both)

He argued, correctly, that more shares WITHOUT a corresponding increase in pps was NOT an option. As the dilutive effect of the additional shares would counteract any value they would offer.

Your last post, not only mischaracterized his argument, but supported his assertion completely, when you suggest that more shares are in fact an option as long as the PPS INCREASES.

You are arguing in a circle.

regards,
frog

ps. As usual, whenever logic is abandoned for the sake of argument, one voice comes out of the woodwork to offer support...Hi Mike.