are these formulas right? ShareholdeeEquity = C/Stock + REarnings - treasury stock pro forma RE = RE end of last year + net income - expected dividend payout
daj224 Wrote: ------------------------------------------------------- > are these formulas right? > > ShareholdeeEquity = C/Stock + REarnings - treasury > stock > > I am assuming that if you buy back stock you SHRINK/REDUCE the capital base. PALM did this and they saw their invesmtent get killed as PALM went from 18 to single digits