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To: Carlson who wrote (1465)9/11/1998 1:42:00 AM
From: Gottfried  Respond to of 2005
 
Carlson, re >The vessel is currently carried on the books for $11 Million. The expected insurance settlement will be $21-22 Million. They will recognize over a $10 Million gain.<

Boy, the insurance company is going to go over that sinking
with a fine tooth comb. <g>

GM



To: Carlson who wrote (1465)9/11/1998 8:12:00 AM
From: David Lawrence  Read Replies (1) | Respond to of 2005
 
>>They will recognize over a $10 Million gain.

That will be excluded from operating income, assuming it is accurate.