11.   The most important one is to value the stock correctly.

12.   They contend it gives companies that have highly valued stock an unfair advantage in takeover contests.

13.   With no earnings against which to compare prices, their stocks are being valued on expectations, hopes, even dreams.

14.   The stock was valued by the company, and the valuation was then approved by two outside consultants, he said.

15.   The two sides are also split over how to value their stocks.