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To: Daniel Schumacher who wrote (204)3/18/1998 1:56:00 AM
From: Ian_s  Respond to of 265
 
Daniel,

See there press release from 2/17/98:

"In addition, the Company is currently reviewing the carrying value of its goodwill and certain call center assets and believes it will reduce these values by taking a charge in its fourth quarter 1997 results of operations."

I've heard from sources, but have not confirmed, that this goodwill value may be as high as $8 per share. This will most likely be revised downward significantly.



To: Daniel Schumacher who wrote (204)3/18/1998 8:02:00 PM
From: Timothy R. Tierney  Read Replies (1) | Respond to of 265
 
$6 of those $9 dollars in book value consist of good will.......or by any other name ...smoke..and that's where this co. is going ..up in smoke...