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To: T.K. Allen who wrote (5262)12/9/1997 8:59:00 AM
From: Joe Master  Read Replies (1) | Respond to of 10368
 
At a minimum the $15 million will earn 6% interest (900K) which after taxes and assuming $10 million shares will provide $.06/share.

Joe



To: T.K. Allen who wrote (5262)12/9/1997 9:20:00 AM
From: jimmy  Respond to of 10368
 
>>>This is being conservative to a fault. Given the breadth of expansion opportunities available to BNGO

That was not a 1998 earnings estimate, as such; nor did I mean to suggest that BNGO will not make additional acquisitions in '98. I was simply trying to show BNGO's "starting point" for 1998. I can't estimate '98 earnings because I have no idea about '98 acquisitions. But, I trust that with $0.41 "in the bank", BNGO will be well on their way to beating '97 earnings.


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