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To: shane forbes who wrote (1238)9/22/1998 12:25:00 PM
From: Dennis Nicks  Read Replies (1) | Respond to of 5102
 
Shane, I'm not sure what the Starfish value was on the books, but I imagine it's not that much $$. Since it was an investment in a private company (and not very liquid) it would be incorporated into other non-current assets. The other non-current assets from the Q1 and Q2 (FY98)were m$ 6.382 and 6.270 respectively. From this, my guess is the initial investment was a couple million. Which will be a hell of a return! Are there any CPA types that can confirm that other non-current assets is the place where they would account for this investment?

Dennis