[Vision2020] The Hamilton Money: Picture/sketch=1,000 Words

Bill Strand strand@pacsim.com
Tue, 27 May 2003 20:03:22 -0700


Tom,

I think the question is not "What to do with the remaining $300,000?"? I
think we need to ask "How much is actually remaining in this fund". I
would bet a dime against a dollar that $4.5 million in operating
expenses are not at present value, but is money paid out over 10-15
years. That means at present value, this is maybe $1.5 million. Add that
to $2.7 million for the gym and you have $4.2 million.

Does anyone know if that $4.5 million in operating expenses is present
or future value? Does anyone know how much money is in the fund right
now?

Bill Strand