text: Net income was $4.5 million, a decrease of $11.9 million or 72.4%. The decrease is primarily the result of the $21.7 
  million decline in investment results due to the impact of the VeriSign gain recorded in 2001, and the loss on the sale 
  of the VeriSign stock in 2002. 
  
  **Investments in Non-Affiliated Companies**
  
  The Company has investments in several available-for-sale securities, which the Company may choose to liquidate 
  from time to time, based on market conditions, capital needs, other investment opportunities, or a combination of any 
  number of these factors. As a result of the uncertainty of these factors, there is also uncertainty as to what the value of 
  the investments may be when they are sold. 
  
  The fair value of the Company’s available-for-sale securities was $0.2 million at the end of 2003, compared to $0.2 
  million at the end of 2002. The Company’s available-for-sale portfolio at December 31, 2003 is made up of two 
  investments, both of which are within the telecommunications industry. Due to the volatility of the securities markets, 
  particularly in the telecommunications industry, there is uncertainty about the ultimate value the Company will realize 
  with respect to these investments in the future. 