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loophole73

04/16/03 3:56 PM

#19855 RE: amrwonderful #19850

mschere

Please tell me if this is accurate.

Ericy income to be applied in 2003 is 50 to 52.5 mil.

34+6+(20to25dividedby2)

Ericy income to be applied in 1stQ is 35.5mil with 1.5 as royalty income and 34 as "other income".

Any revenue over and above the one time 34mil and interest income figure will be the recurring royalty income figure which can be compared to the 1stQ 2002.

The cash flow should be OK because of the NEC settlement payment received in January.

loop