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To: Philip Armstrong who wrote (210)	7/9/1997 12:48:00 PM
From: Philip Armstrong	of 913

I heard BB on the radio last night. He stated that they would have financing soon ( relative term supposed to be with in 90 days). When they get their financing they will place orders for equipment that will recieve the calls that put games on line. The present source is not large enough and they do not want to make the mistake AOL made. (I think he meant make money). This should mean one of the IBM 6000, I'm sure he plans to pick one up at Radio Shack. Anyway this is the time when they would be operational. If you read between the lines they are not planning to be ready for 6 to 9 months. Lets be nice and figure in a couple of loosing quarters. This would mean possible profit in Mid to end of 1998. I wonder If they have enough assets to keep them in operation that long. They have subcontracted eveything out so bill would have to be paid. To all you die hard VETH's lets not get angry just find out why BB is still trying to mislead you with his ROSY assesments. Phil From his tone he has made lots of money in this bull market. It might be from selling SNCG, DYES, XECM, ect, ect. He did say however that his banking group is buying VTEH. I am going to see if EDGAR had any info on this.

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