[Vision2020] The Hamilton Money: Picture/sketch=1,000 Words
Donovan Arnold
donovanarnold@hotmail.com
Tue, 27 May 2003 20:57:21 -0700
<html><div style='background-color:'><DIV>
<P>About 3.5-4.5 because they can't touch a lot of it.<BR><BR></P></DIV>
<DIV></DIV>>From: "Bill Strand" <STRAND@PACSIM.COM>
<DIV></DIV>>To: <THANSEN@MOSCOW.COM>
<DIV></DIV>>CC: <VISION2020@MOSCOW.COM>
<DIV></DIV>>Subject: RE: [Vision2020] The Hamilton Money: Picture/sketch=1,000 Words
<DIV></DIV>>Date: Tue, 27 May 2003 20:03:22 -0700
<DIV></DIV>>
<DIV></DIV>>Tom,
<DIV></DIV>>
<DIV></DIV>>I think the question is not "What to do with the remaining $300,000?"? I
<DIV></DIV>>think we need to ask "How much is actually remaining in this fund". I
<DIV></DIV>>would bet a dime against a dollar that $4.5 million in operating
<DIV></DIV>>expenses are not at present value, but is money paid out over 10-15
<DIV></DIV>>years. That means at present value, this is maybe $1.5 million. Add that
<DIV></DIV>>to $2.7 million for the gym and you have $4.2 million.
<DIV></DIV>>
<DIV></DIV>>Does anyone know if that $4.5 million in operating expenses is present
<DIV></DIV>>or future value? Does anyone know how much money is in the fund right
<DIV></DIV>>now?
<DIV></DIV>>
<DIV></DIV>>Bill Strand
<DIV></DIV>>
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