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To: James Hutton who wrote (786)6/20/1999 12:28:00 AM
From: Jim Schnereger  Respond to of 800
 
Jon, I concur with you! I will wait until T&T comes online in September and see what happens. If things don't take off from there I'm selling my holdings and gone! I've done well on the block I bought in January. However, we all should have done much better! With business practices like this it is no wonder that CSFB hasn't started coverage on the stock. In a way I wish I had sold in May when it was above 7.

Jim



To: James Hutton who wrote (786)6/20/1999 3:36:00 AM
From: Gunther Karger  Read Replies (1) | Respond to of 800
 
The new six year employee compensation agreement provides for a bonus schedule where he is given a percentage of the pretax earnings on a rising schedule from 1% to 3% starting at $4 million, thus further reducing potential future earnings.


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