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To: GREATMOOD who wrote (7075)1/30/1998 1:01:00 PM
From: DEER HUNTER  Respond to of 11888
 
From AOL for what it is worth...........

Subject: Re: Where's GF???
Date: Fri, Jan 30, 1998 12:19 EST
From: UNC 1984
Message-id: <19980130171901.MAA21041@ladder03.news.aol.com>

Just talked with Gary at Millennium. I started by saying that I had heard GF was back, he replied that GF needed to extend his trip by a couple of days and wouldn't be back until probably Monday. I then asked him about the rumor of a board meeting on Sunday, he said that it would be difficult to have a board meeting with GF still out of the country. I took this as no meeting on Sunday...he didn't deny a meeting is being planned however.

I asked about the Reserve #'s, specifically if the work has been completed and if GF knows the results. Gary said that he didn't think the work had been completed, but he did think that GF could know the size and depth of the structures..and possibly a good idea on reserve totals. He said...GF is truly excited and "on top of the world."

I inquired about the March 1 date being very critical to the warrant holders. He said that he felt there was alot of news that could be made public in the near term, however, he didn't go as far as saying by March 1. Obviously, with all the delays and unknown variables, Gary isn't about to suggest a timeline for news.

I concluded by saying that it sounds like he and GF are very upbeat on the progress the company is making and the results of Wavetech and GF's trip. He said they were both extremely excited! He again shared, "GF is on top of the world."

As a parting word, Bouhafa has shared so much info with us, I think its rather hypocritical of anyone to brow beat him about his info on a "Sunday" board meeting. For all we know it could have been originally scheduled for Sunday...but at this point we really don't know if one was ever planned. Its really a minor point.

Long and Accumulating
Unc 1984
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DH