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To: NasdaqStud who wrote (3325)	5/25/1998 9:16:00 PM
From: Stitch	Respond to of 5058

Stud, Your remarks continue to fulfill my expectations of you. <G> best, Stitch

To: NasdaqStud who wrote (3325)	5/26/1998 11:40:00 AM
From: Gary Burton	Read Replies (1) \| Respond to of 5058

FWIW--which may not be much at the moment--RDRThad a book value of $8.18 at March 31 ($7.41 net of intangible assets). It had $3.50 left in cash (down $2.69 just since last Sept) but had LTD of $8.26/sh . Current assets, incl the cash, covered current liabilities by only 1,7 ----. Actually, APM's balance sheet is not as bad (although its business prospects might be more problematical). APM had $3,64 of cash left (down3.14 since last Fall) and somewhat less LTD (0.7 ltd/eq ratio vs 1.1 for RDRT). Cash represented 70% of APM's stock price vs 39% for RDRT.