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To: Dave B who wrote (14670)1/29/1999 6:14:00 PM
From: MileHigh  Respond to of 93625
 
Thank you, I ranted about this sometime ago...The charge against earnings and the dilution....

For example, if the stock price is $100 per share when this happen, and if all partners exercised their warrants, there would be a one time charge of (100-10)*1,400,000 = $126M against earnings. Get ready. In addition, there will be an additional dilution of 5% of the stock pool

MileHigh



To: Dave B who wrote (14670)1/29/1999 6:17:00 PM
From: dmf  Respond to of 93625
 
Dave B: Thanks! You went over and above for all of us that didn't make that meeting. Your efforts are much appreciated.

dmf