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Pastimes : Georgia Bard's Corner -- Ignore unavailable to you. Want to Upgrade?

To: K A Anderson who wrote (2212)	5/18/1998 10:36:00 AM
From: Due Diligence	Respond to of 9440

MIDLP announcment means if you have 2000 shares of "P" on May 29,1998 you will receive 1000 free shares of "P". A GIFT from MIDL. About 30% undervalued right now. Think this is right. Jimbo

To: K A Anderson who wrote (2212)	5/18/1998 10:42:00 AM
From: Ga Bard	Respond to of 9440

PR is not it ... the dividend is great news ... If you buy the P at 17 dollars you are paying .50 for a share of common and with the dividend you now have an AMSC of .375 instead of .50 ALso the warrants are now equal to the common so basically this is the math. Common Warrants Perferred $0.50 $0.00 $17.50 $0.55 $0.05 $19.25 $0.60 $0.10 $21.00 $0.65 $0.15 $22.75 $0.70 $0.20 $24.50 $0.75 $0.25 $26.25 $0.80 $0.30 $28.00 $0.85 $0.35 $29.75 $0.90 $0.40 $31.50 $0.95 $0.45 $33.25 $1.00 $0.50 $35.00 $1.05 $0.55 $36.75 $1.10 $0.60 $38.50 $1.15 $0.65 $40.25 $1.20 $0.70 $42.00 $1.25 $0.75 $43.75 $1.30 $0.80 $45.50 $1.35 $0.85 $47.25 $1.40 $0.90 $49.00 $1.45 $0.95 $50.75 $1.50 $1.00 $52.50 $1.55 $1.05 $54.25 $1.60 $1.10 $56.00 $1.65 $1.15 $57.75 $1.70 $1.20 $59.50 $1.75 $1.25 $61.25 $1.80 $1.30 $63.00 $1.85 $1.35 $64.75 $1.90 $1.40 $66.50 $1.95 $1.45 $68.25 $2.00 $1.50 $70.00 $2.05 $1.55 $71.75 $2.10 $1.60 $73.50 $2.15 $1.65 $75.25 $2.20 $1.70 $77.00 $2.25 $1.75 $78.75 $2.30 $1.80 $80.50 $2.35 $1.85 $82.25 $2.40 $1.90 $84.00 $2.45 $1.95 $85.75 $2.50 $2.00 $87.50 $2.55 $2.05 $89.25 $2.60 $2.10 $91.00 $2.65 $2.15 $92.75 $2.70 $2.20 $94.50 $2.75 $2.25 $96.25 $2.80 $2.30 $98.00 $2.85 $2.35 $99.75 $2.90 $2.40 $101.50 $2.95 $2.45 $103.25 $3.00 $2.50 $105.00 $3.05 $2.55 $106.75 $3.10 $2.60 $108.50 $3.15 $2.65 $110.25 $3.20 $2.70 $112.00 $3.25 $2.75 $113.75 $3.30 $2.80 $115.50 $3.35 $2.85 $117.25 $3.40 $2.90 $119.00 GB