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ST James

12/18/03 12:15 PM

#2135 RE: rhlytle #2133

On RB I'll cede to your complaint. On IH, what's wrong with my "...method of responding...?"

Besides isn't it the issues and facts at hand that are of concern to all shareholders really the important thing to be focused on. That's all I'm doing here.

Your point about management not having previously cancelled the preferreds is tantamount to tacit and legally binding approval of those preferreds.

Whiners like Willy arrive too late to convince now.