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Non-Tech : TBAE that's E for Entertainment! -- Ignore unavailable to you. Want to Upgrade?

To: cmg who wrote (25)	7/21/1998 3:03:00 PM
From: MarcG	Respond to of 163

cmg, Just got off the phone with Brian Cusworth. Very good conversation. First answer is Breck is $14 million net of debt. Be back later to share more details. MarcG

To: cmg who wrote (25)	7/21/1998 3:16:00 PM
From: Lars	Respond to of 163

cmg, I cant disagree with you. >>> I didnt say that they didnt make money. My point is that this sale was for way way less than the value of the property. Plus, you had a company that wanted that bad based on their existing real estate holdings. I am concerned especially after how bad TBAE took it in teeth after the secondary(?). The deal basically screwed existing shareholders. I know about this from a person who has a significant 6 figure holding. I hope we craft better deals in the future. Do you notice the reasons why we have had to wait for the stock is b/c we are watching costs and Jock is working on deals. This has been the case for a couple years. Now, he has sold one deal, Breck, and working on selling another property that was supposed to be great for TBAE. >>> The question remains, "When will someone market the stock?". I am weary of all the talk of potential. I look forward to hearing numbers. Lars