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To: Talking_Mouse; balrog666
No, KOCE offered more ($28 million) than Daystar ($25.1 million).

No. I hope neither of you is involved in finance. The foundation offered $8 million cash plus $24 million over 30 years. The net present value, doing a little quick math in my head, would be about $16-20 million. Daystar offered $25.1 million in cash. So their offer would be worth about $5 to 9 million or so more than the foundation offer.

I'll put it in simple terms. If I offered to give you $1.00 now, and someone else offered to give you $2.00 in 30 years, which offer would you accept.

That being said, I'm not sure I'd call a lot of what Daystar puts on 'Christian programming'.

24 posted on 11/25/2005 5:37:17 PM PST by PAR35
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To: PAR35

I agree with each of your points. (including the typical Daystar programming) Good post.


27 posted on 11/25/2005 5:46:17 PM PST by highlander_UW (I don't know what my future holds, but I know Who holds my future)
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