ALTON, bravo and thanx for an amazingly fast and detailed report. Whenever I analyze anything , invariably at a future date I realize that either I missed something,or one of the variables changed, or there is new information availible that wasn't apparent at the time (like a chat with Charley).What I'm getting at is, can we use your work as our base but agree to be flexible in adjusting /tweaking (if you will) as new info. surfaces?---Also one other question I have is that you refer to what the book value could rise" BY "$ 21.40. Is this the total book value (excluding future cash in flows) or should we be adding the $21.40 to another # that you did not mention?----- BILL