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To: Chuzzlewit who wrote (103559)2/22/1999 12:39:00 PM
From: Chuzzlewit  Read Replies (3) | Respond to of 176387
 
Thread, there was an error in my calculation of ROIC. I had inadvertently used the November 98 figure for LT debt ($512 MM) instead of the correct February figure ($17 MM). This would result in the denominator becoming $1,310. The numerator would still be $2046 and therefore the ROIC would be 156.2%

Sorry for the confusion.

CTC