Saying we will be undercutting no mAtter what we do is a flat out distortion of reality.
Second you say you need numbers and arguing valuations. No one is arguing that the company offer isn't worth more. Majority of us are looking down the road rather than to next month. This is detrimental to your "dollar valuations" taking into account the big picture for the future. Ie. state of industry, future negotiations, precedents, and not to mention that we get a raises with our current agreement without giving anything up.