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AKvetch

12/29/02 6:55 PM

#939 RE: twilko #937

It is free money for the short term. It dilutes the ownership of all the owners of stock.

Would I be properly rephrasing the above by saying:

It is 'free' money to the company -- but its 'cost' is dilution to existing shareholder, and that dilution may be substantial.

AK

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Churak

12/29/02 7:33 PM

#943 RE: twilko #937

Sam...TWILKO explained quite well up what I was trying to say...lol

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Sam_Slick

12/30/02 6:28 AM

#958 RE: twilko #937

Terry, thanks for clearing that up. Sam EOM