The current price per share X the outstanding shares = market cap/valuation
The authorized shares do not count until they are issued. Although EXPECTED dilution should be considered...
For example, Marks preferred shares convert to 56,000,000 more shares.. This is not included to the 180,000,000 figure.
My posting contains many opinions. So please do your own research and validation.
Go Giants!
![](//www.chrisoleary.com/Projects/Baseball/Pitching/Images/Pitchers/TimLincecum/TimLincecum_2007_007.jpg)