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To: Harry N who wrote (20111)	7/9/1999 7:26:00 PM
From: Annette	Respond to of 27722

Item 13. The first paragraph of "Certain Transactions" is amended to read as follows: CERTAIN TRANSACTIONS In connection with a number of the Company's transactions, theCompany's President, Eric H. Paulson, and its Executive Vice President,Charles E. Cheney, have been required to guarantee obligations of the Company. In certain cases, these officers have received additional compensation from the Company in consideration of their guarantees. ...etc.

To: Harry N who wrote (20111)	7/9/1999 7:27:00 PM
From: Sly_	Read Replies (3) \| Respond to of 27722

Here is the URL: freeedgar.com here is the "AMENDED" piece it is referring to: Item 13. The first paragraph of "Certain Transactions" is amended to read as follows: CERTAIN TRANSACTIONS In connection with a number of the Company's transactions, the Company's President, Eric H. Paulson, and its Executive Vice President, Charles E. Cheney, have been required to guarantee obligations of the Company. In certain cases, these officers have received additional compensation from the Company in consideration of their guarantees. In connection with the Company's negotiating a $3.0 million overline in September 1997 with respect to the Company"s $45 million credit facility with Congress Financial Corporation, Mr. Paulson and Mr. Cheney were required to personally guarantee the overline. As consideration for this guarantee, the Company agreed to pay to both Mr. Paulson and Mr. Cheney an amount equal to five percent of the total amount guaranteed, with payments to be made over a twelve month period. In the event that officers of the Company are required to guarantee bank obligations of the Company in the future, the Company anticipates paying them additional compensation for these guarantees. See "Executive Compensation." Before anyone threatens a lawsuit, it looks like a non event to me..... Sly_