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To: Mighty_Mezz who wrote (3517)	8/20/1999 9:32:00 AM
From: Q.	Respond to of 7056

re. <<LFT bought out the 200 LCEs for $10 mill, and they're paying over the course of a year. Once they've paid, they're done. Shouldn't this, strictly speaking, be called "non-recurring revenue" instead of offering it up as evidence of earnings growth? It's not like LFT is going to be buying 300 more next year, and 400 the year after that>> Well, they could, because they aren't going to run out of "cities" anytime soon. If you go to the website and check the kinds of cities that they are doing LCE's for, you will not find New York City or very many other major cities. They are doing mostly a lot of dinky suburbs. I'm sure they can find more then 200 of those.