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To: rellabourn who wrote (28265)	11/29/2001 12:48:38 PM
From: Dale Baker	Read Replies (1) \| Respond to of 118717

Like most retailers, RSTO lives off a revolving credit line. No problem unless they violate bank loan covenants: "As compared to the same point of the prior fiscal year, debt under the company's revolving line of credit decreased $29.5 million, to $33.5 million at the end of the third quarter of fiscal 2001 from $63.0 million at the end of the third quarter of fiscal 2000. Debt at the end of the third fiscal quarter does not reflect the impact of the company's $17.5 million common stock financing that was announced on November 6, 2001, and as of such date was utilized to pay down debt. Had the financing occurred as of the end of the quarter, debt would have been $16.0 million -- a reduction of $47 million as compared to the same point of the prior year. Accounts payable at the end of the third fiscal quarter decreased $4.1 million as compared to the prior year's fiscal quarter." AKAM - will look again and post later.