BUKS - BUTLER NATIONAL (BUKS)

[MikeDDKing]

Yes, you are correct that the slot machine expenses are drastically reduced but not eliminated. I thought they said 25% annual replacement but perhaps I heard wrong. Also, I think the replacement rate initially might be lower than the nominal rate given that the machines will have only been in service for 18 months. I've seen a few different sets of numbers floating around regarding the savings but they are all in the same ballpark as yours. In any case it is going to be a huge increase in earnings starting in the July quarter.