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To: hookjock who wrote (1607)	11/9/1998 9:45:00 PM
From: Cobra	Respond to of 2919

I agree that the stock options should be an incentive for them to perform. But they're playing with the company's money, not their's. There is no better incentive than having your own money at risk, like we do! And if they don't "have the means" currently to invest, maybe they should borrow some money personally and buy shares at low prices and take a risk!

To: hookjock who wrote (1607)	11/10/1998 1:40:00 PM
From: hookjock	Read Replies (2) \| Respond to of 2919

Just want to clarify a few statements that I made. 1) Concerning the insider buying issue what Mr. Woodbury stated was that everyones situation is differant but it should be noted that most do own some stock as well as what may be in the 401-K plan plus whatever options they may own. Did not want it to appear as if none of the insiders had nothing to lose if the stock continues it's downward progression. Clearly there is some incentive there. 2)On the preferred financing front I should also point out that along with the financing that could be obtained by issuing those shares there also is the possibility those shares could be used if there was a hostile takeover attempt. I do want to point out that it was expressed to me clearly that THEY HAVE NO PLANS ON USING EITHER OF THESE OPTIONS. The board just feels that it could be used as another tool available to them to give them more flexability. 3) On the increasing shareholder value front I also should clear up a small point. While they realize that they must continue to perform they also have to do a better job of getting their story out to the investment world. The option include meeting with institutions and doing a road show. Increasing shareholder value is high on their list of priorities.They want to become more active in these areas.Plus as I stated while no deciesion has been made a buyback has been discussed and remains a possibility. Hope this clears up some of those gray areas.