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TRCPA

02/16/05 4:03 PM

#7258 RE: rob65737 #7257

RobJ.......you're entitled to your opinion, but as I said before, I believe it is a double-edged sword when you take into account not only the cash involved, but the relationship-building effects of those key to the long-term interests of the company.

Naturally, I would prefer to see zero dilution....as I similarly desire minimal or no company debt.

But that is not always reflective of the real world.