Replies to post #6095 on Dime Bancorp Inc (fka DIMEQ)

[es1]

This is something bugging me about all the wamu classes.

There seems to be no lack of experts doing the math and somehow they are all coming up with the same answer.

"The PPS should be well over the current PPS."

So I would like to hear the opinion of someone who is pushing that we should be .20-.30 and give me a reasonable explanation why the market seems to think we are worth 1/4 of the math.

I have tried to do the math too. They have set this up so you can come up with just about any PPS you want but the numbers they have given us all say we should be at a higher PPS and we are not. Someone smarter then all the boards combined is out there selling while the world expects an increase.

Look at it this way if you do the math either Ps should be at $60 and Us should be at .05

Or Ps should be at $17 and Us should be at .009

Which one is misvalued? The math here says .30 well there are a crapload of bankers out there smarter then me. If they could double their money in a year they would be all in.

Which shares P/K/U/DIME is the one closest to the right PPS using the numbers given to us by the court? there has to be a min/max for each class based on the variables.

So WTF is the answer??