Cash and cash equivalents of the company as of Dec 31, 2012, were $784.6 million versus $138.1 million as of Dec 31, 2011
and market cap $1.2 Bn??
Insane, to say the least
this is so cheap....do your DD
Yes, in fact, the share price is below the book value of the company, even when you strip out the valuation put on "good will."
Why is the stock price so beaten down??? Was it because they had a horrific 4Q12 and forward guidance?
I hope the stock can at least go to $8 by 1Q13.