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To: Wally Mastroly who wrote (2026)	6/17/1998 5:08:00 PM
From: James Strauss	Read Replies (1) \| Respond to of 13094

NMK... Wally: This snipit from the news release is very favorable: ""The deal was seen as attractive by analysts who said while the firm is very leveraged right now, going forward it should have good solid cash flow as it has plans to de-leverage its balance sheet over the next few years. ''They are a much less risky company now than they were before, because they are primarily a distribution company, so it's kind of the way we used to see utilities before ... safe havens and better rated,'' said high-yield analyst Jane Haugh of KDP Investment Advisors."" Jim