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To: paul feldman who wrote (31478)	11/4/1998 9:34:00 PM
From: Roger Nelson	Read Replies (4) \| Respond to of 95453

CDG is a much smaller player in this merger, so FLC carries the weight. The question is how much of the estimate took the charge into account. I don't remember how much they lowered estimates after they released the news. Does anyone? The charge: "Included in the third quarter 1998 results is a charge of $85.8 million in conjunction with the previously announced termination of the Peregrine VI and Peregrine VIII conversion projects." They would have earned something like 0.38 without the charge, instead they lost 0.12 I've got 2100 shares of CDG and I need to know how to vote.... Roger