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To: Jane4IceCream who wrote (13620)	4/24/1998 2:02:00 PM
From: Leroyt	Respond to of 27968

You got your wish, Jane. But, Little Engine doesn't need to! Ira was NOT successful! (on this merger) Wasted a lot of time and money. More important: lost of credibility. later, leroyt

To: Jane4IceCream who wrote (13620)	4/24/1998 2:07:00 PM
From: Little Engine	Read Replies (1) \| Respond to of 27968

Well, Jane, crunched some numbers, as I tend to do... Here's my take on the numbers, if indeed the "audited earnings" actually pan out (doubt it): 1997 earnings: $.1085 x 20 MM shares = $2,170,000 How trailing twelve month P/E will be listed on every stock screen you can find: $2,170,000 divided by 51 million shares = $.0425 EPS. $4 share required to join Nasdaq would require a P/E, then, of 94. If they can get the 94 P/E after the audit is released... they'll be fine.