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To: tom pope who wrote (7579)	3/21/1998 7:33:00 AM
From: Frodo Baxter	Read Replies (1) \| Respond to of 9124

book value 6/30/96 shareholder equity: 598 mln shares: 116 mln book $5.16 Do realize they were indebted up the wazoo at this time, with only 140 mln cash, and 655 mln in long-term debt and convertibles. Now, go do your own homework. Irascibly,

To: tom pope who wrote (7579)	3/22/1998 4:12:00 PM
From: Sam	Read Replies (3) \| Respond to of 9124

Tom, LK already answered, and rightly pointed out that they are in better financial shape today than they were then, which is one reason for not expecting them to go back to book. A second is of course DLT, which even if it is flat to down single digits from last quarter in terms of revenue, will still show healthy gains year to year (and back in summer 96 wasn't even on anyone's map, as far as I know). Of course, margins will be the question--are 7000 margins holding still? And how serious is the inventory problem, if there is indeed one? All of this is still speculative at this point, for us anyway. Time will tell, as it is so often said on these threads. Best wishes, Sam