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To: Big Dog who wrote (68718)6/23/2000 11:17:00 PM
From: BigBull  Respond to of 95453
 
Big, thanks for pointing that out. Now, if I've done my math right...

After the sale of the boat repair yard, the yacht division, the tax credit, and the common float, FGH generated roughly $200 million cash money. Correct me if I'm wrong, but the total outstanding long term debt is approximately $300 million?

Time to get rid of those pesky bankers? Well almost.

I'm not in love with the additional float. But as a shareholder I sure would like to see most of those interest payments disappear.

Just some idle thoughts, on an otherwise dull day. ;o}