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revlis

04/30/03 5:44 PM

#22026 RE: Desert dweller #22017

Desert Dweller,

As I pointed out in a previous post, with the options currently granted of 3.3 million at an average strike price of $10, management today has a gain/bonus equal to over $40,000,000.

Here is something that came to me while reading your post. As we would suffer a 10% dilution effect, so would management who holds these options and the shares they have.


Jerry