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To: Michael Bidder who wrote (1828)5/27/1999 8:20:00 AM
From: CMon  Respond to of 2693
 
I was speaking of the value of the satellites being the PV of whatever cashflow can be produced by them. That number should be net of pure operating costs. When you speak of that number in reference to financial costs like interest, you're speaking of the value of the current enterprise, which I'm assuming will need to be restructured.


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