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Non-Tech : Global Net Entertainment

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To: William Jones who wrote (20)11/24/1999 12:08:00 PM
From: Leigh McBain  Read Replies (1) of 28
 
William that is .37 revenue per share NOT profit, they are NOT the same thing. This is still a very nice project however, if it costs the company 2.1 million to provide the deal then the profit is automatically reduced by approx. 1/7 th (7 yr deal), in addition there will be operating costs (travel, LD bills, maintenance, upgrades, support, etc.) that will not be without costs and from the way the deal was announced will be included, not an extra cost item to the Hondurans.

Don't get me wrong, I like the deal and am in NO way sour to it, but we do need to make sure we keep it all in perspective.

Salut,
Leigh McBain
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