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ColeThornton

08/28/06 4:26 PM

#38946 RE: Esyn #38942

That's a good point, but why borrow it at any rate if you don't mind diluting your shareholders. It would be interesting to see at what rate a bank would lend to GTE. Most banks I have dealt with insist on collateral. I doubt seriously if too many banks would see great value in Sans1(which never made a nickel) or the Sans2 demonstrator(at this point).