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Re: Frank Pembleton post# 898

Friday, 01/03/2003 9:11:49 PM

Friday, January 03, 2003 9:11:49 PM

Post# of 3572
...more on Dynatec... pension plan deficit of 510,000 for 2001 AR up from 455,000 from 2000 -- they also have their plan set-up with the expected return of 8% -- so I'll probably venture a guess and say that the deficit is probably going to be larger for 2002.

Summary:

1) possible dilution of 11 million shares
2) Litigation
3) Pension plan shortfall

Regards,
Michael........



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