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Pastimes : The Naked Truth - Big Kahuna a Myth

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To: Bonnie Bear who wrote (2838)7/8/1998 1:24:00 PM
From: S. maltophilia   of 86076
 
BB
re CRWN
Do you have a source for real estate and lease info that would indicate value in excess of balance sheet? From 10K:

The Company leases all of its retail stores. The total future minimum payments
for the Company's retail store space (excluding closed stores) and equipment
aggregate approximately $178,489,000 to the lease expiration dates and
approximately $180,111,000 to the lease expiration dates (including closed
stores). The lease expiration dates (without regard to renewal options) range
from 1998 to 2010....

There is a lot more going on below this passage with leases and lawsuits between CRWN and the Hafts.

By the way, check this out for a good laugh.
messages.yahoo.com@m2.yahoo.com

No other good info there.
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