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To: Lhn5 who wrote (457)5/11/1999 10:22:00 PM
From: Lhn5  Respond to of 865
 
Looks like the income from operations would be 60 + 195= 255,000 without the accounting changes for start-up costs. Wonder how this will all add up next quarter when over a million in revenues is added from Woodland Hills and a full quarter not ten weeks is included from Arcadia. Also, the loss of 114,000 is more than accounted for by the startup costs of 195k plus the extra 106k in startup costs that WERE to be amortized and now are all taken? Were there also some extra legal costs this quarter? Hmmmm. Next quarter can be awfully interesting. Any comments and further analysis are greatly appreciated. Don't be discouraged by the stock price today. I think my confusion about all the numbers has a little more to do with their complexity than just my lack of an accounting degree. We'll see.