Question-and-Answer Session
Operator
(Operator Instructions) Your first question comes from Lee Cooperman - Omega Advisors.
Lee Cooperman – Omega Advisors
If you’re taking a forecast of roughly $1 for next year, so that’s about $17.5 million of net income, dividend is running around $5 million, assuming everything is the same, the total business is like it is, stock price is like it is, what will be the priorities for using that $12 million, $13 million of lets say free cash flow in terms of usage?
Steven Kessler
First of all I just to want to clarify that they’re a little bit higher than that because when we give our guidance we give it in the fully diluted which is about $18.5 million, so it’s a little bit higher. We are currently looking to basically continue to lower our corporate debt in the immediate term.
We have a few other loans that we’re looking at and as we’ve always mentioned to people we think are under valued significantly on our balance sheet, that we’re in the process of looking at selling and as we finish that up by the end of the year we’ll be in a pretty strong position as we look to fiscal 2009. That cash flow will obviously be used once we’re finished retiring debt to be in the buyer of our stock as well as be an investor in future businesses.
Operator
You have no further questions at this time.
Steven Kessler
Thank you very much and we will talk to you next quarter.
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