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attcav

09/23/11 2:03 AM

#214957 RE: 1260 #214956

I'm not as optimistic about a postive share price tomorrow. I may be wrong, but this transaction still represents significant dilution to shareholders, correct? Like on the order of a little over 6%? So all other things being equal, I would expect shares to be lower by about that much tomorrow. Now if you believe that Wave is oversold or beaten down by today's market action or generally a screaming buy then there may be pent up buyers to compensate for the dilution. I might believe that there's $.20 of upside on top of the dilution so if Wave even ends positive tomorrow it would seem that that's a big vote of confidence for this acquisition. Feel free to correct my logic if you believe it to be flawed.

attcav
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attcav

09/23/11 10:34 PM

#215046 RE: 1260 #214956

Hey 1260, nice call on the price today! Looks like you were right!

attcav