straighten me out. Yes I forgot a few key items, the earnings from the subs and the tax benefit from Opco. I was assuming the tax benefit would be a "next year" thing.
The thing about taking the tax benefit in our assumotion now, means it won't be there in the 1st quarter. Things really start to look sloppy. How the hell they are going to stuff a $60mm preferred div. payment and $92mm in "fees" in this equation goes beyond my math skills. 2000 would be a total wipe out and part of 2001 too it seems to me, if the company makes it, you agree socksey?
The scary part is gross revenues are DOWN quite a bit from 1998. I've heard no one explain why, amazing as that is.