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To: Terry Lyon who wrote (23178)	8/19/1998 6:27:00 PM
From: Freddie Forte	Read Replies (1) \| Respond to of 27968

Terry....The problem is we don't know how many shares outstanding for '97. They had 20 million in '96 and everyone was basing '97's numbers on around 28 million. Why do I get the sickening feeling that were in for another surprise in September. O/S at around 40 mil.for '97. Not that far fetched now.

To: Terry Lyon who wrote (23178)	8/19/1998 6:36:00 PM
From: R. Murphey	Respond to of 27968

Whoaaaaaa!!! I'm not ready to concede they were profitable in '97. Being from Virginia, they have to prove it and they are way late on the time line (although the first token has been offered). Along with revenues, come expenses and liabilities. After seeing '96's financials, '97 is a BIG unknown. Then '98, with the major structure changes, and the Bristol arrangement, ......... well there is a whole lot of uncharted territory to "re-discover". The first maps were bogus, and the notes to the audited financials, if ever available, should be revealing.