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Non-Tech : ZOLT
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To: Jake Heib who wrote (115)2/5/1997 10:56:00 AM
From: Todd King   of 970
 
Jake.

You raise some good points, one of which, I think, gets back to the post I made re. R&D expenditures. I am with you in trying to see where the "value add" is coming from with respect to Magyar. Only small capital and R&D investments have been made to date. I can't comment on cooked books, but I don't fully understand the value creation process here.

Todd
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