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To: Steve Robinett who wrote (4015)1/29/1999 4:33:00 PM
From: Chuzzlewit  Read Replies (1) | Respond to of 41369
 
Steve, I get different numbers than yours. Here's my calculation:
Net income $121 - less credit on amortization of network services <19> plus Depreciation and amortization 55 plus deferred income taxes 24 = $181MM. Less PPE purchases <65>, less product development costs <11> = $105MM (not including interest or provision for repayment of notes payable). Based on 561 MM shares I get $0.187 per share.

TTFN,
CTC