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To: VLAD who wrote (37249)	2/10/1999 5:03:00 PM
From: SargeK	Read Replies (2) \| Respond to of 95453

VLAD, You are right!! Falcons's projected growth over the next 3-5 years is almost twice the interest rate. Go figure... (Plus the interest was tax deductible).. K

To: VLAD who wrote (37249)	2/10/1999 5:27:00 PM
From: marc chatman	Read Replies (1) \| Respond to of 95453

<<The way the stock price has been lately, Maybe they would have been better off buying back some of the common stock instead.>> Nothing wrong with FLC paying off the 10 1/4% notes. I believe their more recent mid-to-long term facilities were several percentage points lower. On another topic, the FGI announcement sounds great. The market may buy it or sell it -- I don't know, and I don't care -- the business is doing nicely, and eventually the price will reflect that. Big Dog called it.