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To: Andrew H who wrote (2314)1/30/1998 2:20:00 PM
From: JIN CHUN  Respond to of 27968
 
Thanks Andrew, I would personally like to know more of Mr. Monas' background: companies he's worked for, and in what capacity. Also if you could ask who controls the finance aspects of their company and whether they may be entertaining the idea of bringing a dedicated CFO on board given their recent expansion. Your point #3 is important IMO, although I personally do not think a reverse is necessary. Jin.



To: Andrew H who wrote (2314)1/30/1998 2:21:00 PM
From: Richard V Davis  Read Replies (2) | Respond to of 27968
 
Andrew;

Your question #3 causes me to express something to the thread which has been bothering me. The anouncement cocnerning the credit facility simply stated that borrowings are tied to stock volume. I know that I am paraphrasing.

The posts concerning this issue recently have accepted as fact that borrowings are based on current price. Does anyone have any factual reason for this statement or is it an assumption? I did not interpret the release in this way

Rick



To: Andrew H who wrote (2314)1/30/1998 2:30:00 PM
From: lowell  Read Replies (2) | Respond to of 27968
 
Andrew: Thanks for taking the initiative here!

Could you maybe rephrase question #2:
Instead of asking "How is it possible that you have such a high profit margin that exceeds all others in the industry?" you may want to ask "how is it possible that your gross margin is approximately 30% and your net profit margin is 25% - a difference of only 5%"."

Just my opinion.

Regards,
Lowell