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To: Glenn D. Rudolph who wrote (4124)5/9/1998 11:43:00 PM
From: Gary Korn  Read Replies (4) | Respond to of 164684
 
($70/minute) = Current loss rate
($62/minute) = Interest expense from May 1 - Oct. 30, 1998
($63/minute) = Interest expense from Nov 1 - Apr. 30, 1999
($66/minute) = Interest expense from May 1 - Oct. 30, 1999
($70/minute) = Interest expense from Nov 1 - Apr. 30, 2000
($73/minute) = Interest expense from May 1 - Oct. 30, 2000
($77/minute) = Interest expense from Nov 1 - Apr. 30, 2001
($80/minute) = Interest expense from May 1 - Oct. 30, 2001
($84/minute) = Interest expense from Nov 1 - Apr. 30, 2002
($89/minute) = Interest expense from May 1 - Oct. 30, 2002
($95/minute) = Interest expense from Nov 1 - Apr. 30, 2003
($101/minute)= Interest expense from May 1, 2003 thru Apr. 30, 2008.

Try to imagine removing $70 from your wallet each and every minute of the day, day and night, day after day after day.

The interest expenses listed above will be offset by interest income from the new cash on hand, but the offset will decline as the cash on hand declines.

Gary Korn