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To: Robert Graham who wrote (9654)	2/21/1998 6:41:00 PM
From: Robert Graham	Read Replies (2) \| Respond to of 14631

Please replace in this last post of mine the phrase "additional write-offs" with "additional book work that will enhance the earnings picture". I am not saying Bob F will "cook the books". But I am saying that from what I can see, GAAP provides latitude in this area of accrual accounting, and Bob F may be forced to operate in this "grey area" of accounting in order to buy him more time for the turnaround to take place. He does not want to see a positive earnings report go to a non-trivial loss by next quarter. Bob Graham