We are hitting new lows for the day and BIIB is hitting new highs for the day. This just doesn't make any sense. Also, a piece of crap like Siri is up 30 cents. Can someone explain why this is happening. I know they are saying T was priced in but we were at 30 then. Thanks gpa
@$30, ELN will need $1.5B in total T sales to justify that market cap,,, 391M shares outstanding plus a $460M convertable FY06 call option bond that converts into another 62M shares and you have a Market CAP in the neighborhood of $14B. so its dead money for the next 6 months as the street sees the ramp numbers for T - Q2, FY05.