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LmCliff

09/29/06 4:42 PM

#206555 RE: wickw50 #206553

Good idea Wick as that is the one thing in the last interview
that a lot of people seem to be confused about.
The way I heard it was he said expenses were 2.8m for the quarter
with revenue of 123,000 per month,
And the interviewer turned it around and said,
"So you're taking in $123,000 per month
and spending 2.8m per month?" Blah, blah, blah...
And Chip says, Yep...but you got to figure........
and I think it went by him so fast that he didn't get the chance
to correct the guy's mistake of a misquote.
He was just going with the flow of the interview.
But the first thing Chip said was spending 2.8m per quarter.
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LmCliff

09/29/06 5:16 PM

#206569 RE: wickw50 #206553

Correction, I just listened to the interview again and
Chip said we're takin' in about $120,000 per month, not 123,000
but of course he was basing that on the second quarter and
the prior 6 month period numbers.
So we could be bringing in a lot more now, hopefully.