As I indicated previously, the value of Palmsource is in the range of $5 to $9 per palm shares. So correlation price for the hand to palm at the high end =Hand's price = ((Palm's current price - $5)*0.09)at the low end =Hand's price = ((Palm's current price - $9)*0.09)*uncertainty%At today's palm closing pirce of $16, at the most, hand value = (16 - 5)*0.09 = 0.99At the least (not the worst), hand value = (16-9)* 90% = 0.57, there we assuming 10% of the uncertain factor.Comments?
NO to MERGER !
and go bankrupt? Pay the bills with what? Money doesn't matter, it just pays the bills right?
Yes, I have a comment. HAND is not worth either $0.57 or $0.99HAND is worth $1.18.The uncertainty is what is PalmSource worth? And we can calculate that in the following way:(15.96 - x)0.09 = 1.18x=2.84interesting if you say PalmSource is $5 to $9, then PALM should go up another $3 to $7!
Then please explain why Sony injected in Palmsource $20 million only for 16% ownership?Your way to calculate the Palmsource value is uselless because the Palmsource value becomes a variable day by day as Hand's price changes (I believe tomorrow, hand will drop more).
It is very difficult to put a price on a spinoff. Lets see what palmsource is worth when they spin it off.