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To: Les H who wrote (40623)11/24/2000 9:40:58 AM
From: Les H  Respond to of 436258
 
$ 800,000 to $ 900,000 starter homes

www0.mercurycenter.com



To: Les H who wrote (40623)11/24/2000 12:26:40 PM
From: Thomas M.  Read Replies (2) | Respond to of 436258
 
... more than one operator having requested 150% vendor financing ...

Wow!

"Now (with) every (telecoms) deal, we ask what is the legal lending limit," said MacDonald. "Not many banks were familiar with (legal lending limit) until this year. (But many operators) are pretty close to it."

I don't even know what "legal lending limit" means, but it doesn't have a particularly wholesome ring to it.

Tom