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To: Elmer who wrote (23294)6/3/1998 12:24:00 AM
From: Czechsinthemail  Read Replies (1) | Respond to of 95453
 
Elmer, Thanks for the information on ATW. So it sounds like the total cost is $2.5 - $3.0 million in lost revenue plus the $250,000 deductible.
If the Sr. VP and First Boston are correct that the total net reduction will be $0.10 to $0.15, it would seem to justify trimming the stock price by somewhere between $2.50 and $3.75 per share assuming a PE of 25X. It looks like that's about how it played out when trading resumed.
Baird