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To: Gerald Walls who wrote (12614)11/27/1998 12:29:00 AM
From: DavidD  Respond to of 74651
 
I am not quantifying the risk, nor do I wish to. Your first example is is a useful concept for small investors to understand without actually doing the math: the greater the uncertainty of an expected return of capital, the greater the estimated return on capital one requires.

I pointed out a significant off-balance sheet liability. I hope this is useful to "someone."