Mate...you had just 'argued' a point that based on P/S and P/E...

Mate...you had just 'argued' a point that based on P/S and P/E ratios comparing a domestic lighting retailer with a globally focused tech based lighting supplier...that the LiFX acquisition appeared overvalued. I was simply (and tangentially) reminding you of the impact that potentially marketable IP and patents have on the above ratios.  Even moreso when you reflect that they are at different stages of their life-cycles and hence the market has different expectations as what their future potential are. The measure of value achieved over and above price paid (by BUD shareholders) is the only valuable discussion (IMO) for current and prospective shareholders. Of course, that will require some imagination of not only synergies to be created but opportunities unleashed. And undoubtedly some sort of subjectively derived discount factor reflecting the likelihood to achieve. 100 of us will come up with 100 different answers. Hence the 'market'.