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To: Elroy who wrote (230)	8/27/1999 2:30:00 PM
From: David	Read Replies (1) \| Respond to of 1931

Elroy: Thanks for the value alert on CDEN. What do you make of the CFO resignation??? This is a very tempting looking situation. Those dental practices seem like they might be worth more than $5 million. Yours & etc. Stern.

To: Elroy who wrote (230)	8/29/1999 5:23:00 PM
From: R Lam	Read Replies (1) \| Respond to of 1931

CDEN certainly looks interesting based on the financials. I finally got a chance to look at the 10K and that raises some questions in my mind which I wonder if you might have considered. The thing that has me worried is the relationship of Coast Dental with Coast PA, a company owned by the CEO of Coast Dental. It appears that Coast PA pays Coast Dental a percentage of revenues to manage and pay for the dental centers. In addition, each time a center is internally developed, Coast Dental pays Coast PA a $50,000 inducement fee. Now all of this may be totally above board and make good financial sense but I have a suspicious mind and wonder how much of this is a way for Adam Diasti to have the public share the expenses of expansion while retaining the gravy for himself. Would appreciate any enlightenment from those that understand the relationship (which I admittedly do not)

To: Elroy who wrote (230)	9/9/1999 9:36:00 PM
From: John Stichnoth	Read Replies (1) \| Respond to of 1931

Elroy, I haven't looked at CDEN, but thought you might like some personal experience: When the CFO of a company resigns following an admitted problem with software, that suggests there may be a problem with the numbers they have been reporting. The resignation/software problem combination is frequently a precursor to restating previously reported numbers--sometimes drastically. There is a strong element of risk here that is pure uncertainty. The company may not know how the numbers will be affected, let alone investors being able to make reasonable estimates. (Been burned in similar situations). Best Regards, JS