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good shape, so that the disaster at The Star was more of a psychic
disaster than it was a financial disaster to us. I mean, 60 million
dollars is a lot of money, but 60 million dollars in the late 1970s
was not the same as 60 million dollars would have been in the late
1960s. That could have sunk the ship.
Right, right. In the late 1970s Time had revenues of 2.5
billion--in '79. The net income of 143 million dollars. So--to put
that, what you just said, in perspective.
So it was loosing 20 million dollars a year before taxes,
ten million after taxes.
Okay. Anything else on The Star?
No, I prefer to forget it [laughter].
[laughter]. Okay. Let's talk about, again from the
beginning--you might want to bring in Eastex, even though that was in
the 1950s. Let's talk about Time Inc. and the whole forest products
area, and as much detail as possible on the Temple situation, and
Did we cover Eastex?
No, not really.
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