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To: tonto who wrote (2241)	1/29/1998 8:14:00 PM
From: Brad	Read Replies (1) \| Respond to of 27968

Tonto, I don't have a lot of details, but I believe it is a drawdown against the $25 Million line of credit tied to the trading volume for a given period of time. I believe any shares involved are restricted for at least a year. From what I have heard, I could imagine a scenario something like this: Initially, I assume the money is collateralized by restricted shares based on the price of the shares at the time of the drawdown. However, if it is "shareholder firendly," it could have options in it that provide for the company to buy back those shares (before the year restriction is up) at the same price plus X% interest. If the price of the stock appreciates, and profits and cash flow are adequate, the company buys back the shares with interest. Keep in mind, I have NO idea if that is in fact what is being done, but I could see a situation like that working for everyone involved. Any thoughts? Brad