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linuspop

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linuspop

Re: None

Thursday, 08/18/2005 8:58:42 PM

Thursday, August 18, 2005 8:58:42 PM

Post# of 173915
RIMS-As of May 31st, they had 4.5 million shares issued and outstanding, as well as $533K in cash. Assuming the numbers haven't changed since their last 10Q, a purchase price of $3.17 million would mean $.704/share for RIMS' business. So that would leave @ $.118/share in cash, and thus, a buyout price plus cash of about $.82. Please correct me if I am wrong.
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