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mlsoft

08/13/03 9:32 AM

#140098 RE: basserdan #140095

Dan...

If they use the proceeds to retire 5.5% convertibles, that is a positive, in my opinion, and there is no little, if any, real dilutive effect in the long run. With KGC debt free, it has more flexibility.

I feel better about it, at least for now.

mlsoft