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Ely

10/11/08 5:43 PM

#20913 RE: BlisteringCold #20910

Well, they do have 5B in cash if I read it right. You may be right.... GLTY
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BlisteringCold

10/11/08 5:48 PM

#20915 RE: BlisteringCold #20910

And a second question: What will happen if WAMUQ have to declare their total smashup? They will sell their 32 Billion USD assets, so they can pay their 8 Billion debts remaining 24 Billion USD. And now they pay out the 1,7 Billion stockholders (is the number of 1,7 Billion outstanding shares correct?). The outcome of this is 14 USD per share, but i also now that this is really dreamy and incorrect. But what did i forgot to consider. Please tell me. Whats wrong with that calculation?