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Non-Tech : RAINFOREST CAFE
RAIN 5.000-14.4%Jan 2 9:30 AM EST

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To: Dennis Vail who wrote (4167)4/15/1998 5:56:00 PM
From: Toby L. Toth  Read Replies (1) of 4704
 
Dennis,

You got a great deal on your home loan. And yes, I did forget that Mary Beth works for a bank. The best deal we have is 7.25% fixed for 30 years and no points. One point would buy down the rate to 7%.

I received my annual report today. We need your ideas on the vote for the Board of Directors. In my opinion, Berman, Schussler and RAIN's President should be on the Board. That is three insiders. However, we need at least four independent directors. That leaves out Ercu Ucan.

The other two directors are David Rogers and Joel Waller; both are directors of Grand Casinos. I do not consider these two as independents, since Berman is the Chairman of Grand Casinos.

As of today, I intend to check the third box and exclude 03 (David Rogers, 05 (Eric Ucan) and 06 (Joel Waller).

Why not add a Disney Executive to the Board?

Have a Good Day,

Toby
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