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To: AurumRabosa who wrote (2002)9/20/1999 10:38:00 AM
From: M. Frank Greiffenstein  Read Replies (2) | Respond to of 15615
 
60 million compared to what?

Ron, your statement about 60 million in expenses is not in any context. I'm sure McDonald's pays 100s of millions for buns, but should we be concerned?

Is the 60 million out of proportion to some yardstick we should be aware of?

DocStone



To: AurumRabosa who wrote (2002)9/20/1999 11:30:00 AM
From: LLCF  Read Replies (1) | Respond to of 15615
 
<large forex risks?>

these guys have investment bankers crawling all over the place... I'm sure they are well aware of their FX risks and the hedging options.

DAK



To: AurumRabosa who wrote (2002)9/20/1999 2:38:00 PM
From: gizelle otero  Read Replies (2) | Respond to of 15615
 
Ron: Buddy, I sympathize with your thoughts! Wouldn't it be a damned fine world if we all had to operate on a cash basis with no debt?

Then you and I would be driving a '43 Ford to work on a 150 year old dirt road to our jobs at the buggy whip manufacturing plant for .25 an hour.

Ever heard of OPM? That's the only way to get the $$ to build a fiber network all around the world, unless you have a few spare billion lying around and would like to donate to the cause.

Look at the interest rate environment, Guy! Winnick is financing dollars with pennies.

As far as my comments on most efficient business structure, let me ask you the following question:

Would you rather drive on a toll road with a booth at either end of your 10,000 mile trip, or one with a toll booth every 100 miles, operated by 24 different companies with 1000 different rate structures for tolls?

I thought so.

Get real and go take a business financing class at night.

I respectfully submit that