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beentomyrasite

04/21/08 10:36 PM

#372 RE: creede #371

let me comment on that in a sec

I have to ask you, I am missing your anacronym. what do you mean by o/s?
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beentomyrasite

04/21/08 10:48 PM

#374 RE: creede #371

what about this math?

they buy the whole shell for $8 a share 362/45M; crazy best case scenario

let's look at the Macau numbers on the post I made earlier.

took 4 years to recoup 400M and make 1.4 $B profit; let's say in tunica it takes half of that. 600M profit two years

$300M 1 year, which is how long it would take to get new regulatory approvals, etc.

so now we look at the discounts in this light. buying Myriad for $6 $4 $2 dollars a share 75/50/25%:

$2 would save $206M, $4 would save $120M, $60M would save $30M