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To: dexx who wrote (2574)2/3/1998 6:22:00 PM
From: Andrew H  Respond to of 27968
 
>>Wouldn't there only be dilution if they start using the $25 Million line of credit?

They may just have that as a backup.<<

Yes there would only be dilution if they start using the $25MM line of credit. However, everyone who listened to the conference call heard Ira say he was expecting to borrow $12MM of that which as I have pointed out would be a dilution of about 40MM shares at current prices. Does Ira deny saying that?


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