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