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Pastimes : Home on the range where the buffalo roam

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To: stockman_scott who wrote (5981)	2/4/2002 8:29:30 AM
From: Sig	Read Replies (3) of 13815

"We are pleased with the progress we have made in the 4 th quarter, reports the CEO, and are on-track.to report positive EBTIDACDP in the first quarter of 2004. Our plan to reduce expenses is ahead of schedule, with a reduction in personnel during 2001 of 25,000 rather than the planned 15000, and the selling of three loss-producing divisions. Our plans are to take full advantage of the $26 bil loss for the year thru tax-loss carry forward covering the next three years." Without the one-time charge of $25 for early retirement of our CFO ,our earnings for the 4 th quarter of-$11.57/sh, would actually have exceeded those of the 3d quarter. We enter the year with a complete new managment team of demonstrated talent and ask your support in retaining them by your vote at the shareholders meeting to be held in the local Denny's parking lot." Sig

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