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To: SpecialK who wrote (2418)11/11/1997 11:46:00 PM
From: Michael Burry  Respond to of 78627
 
Re: signature inns

Well, the market cap fully diluted is something different,
as there are 5 million preferred shares. And that 10 million
in cash is offset by 63 million in long term debt. I'd
have to look at it some more, but it is not as simple
as getting the business for $0.25 by any means.

Good Investing,
Mike