Financial Forecast Assumptions
Jim's Stationery Store, Inc.
Multi-year Scenario #1
(Dollars and Shares in Thousands, Except Per Share Amounts)

	Forecast
	Beginning of Year 1	12 Months Year 1	12 Months Year 2	12 Months Year 3	12 Months Year 4	12 Months Year 5
Year-to-Year Change in Net Sales	NA	NA
Gross Margin %	NA
Operating Expenses as % of Net Sales	NA
Other Income (Expense)	NA
Interest Rate on Borrowings	NA
Interest Rate on Subordinated Debt	NA
Income Tax Rate	NA
Cash
Number of Days Sales in Accounts Receivable	NA
Number of Days Cost of Goods Sold in Inventory	NA
Other Current Assets	NA
Intangibles	NA
Investments	NA
Other Assets	NA
Current Maturities	NA
Number of Days Cost of Goods Sold in Accounts Payable	NA
Number of Days Operating Expenses in Accrued Expenses	NA
Taxes Payable	NA
Other Current Obligations	NA
Other Current Liabilities	NA
Term Loan
Subordinated Debt	NA
Other Long Term Obligations	NA
Other Liabilities	NA
Common Stock
Preferred Stock	NA
Other Equity	NA
Treasury Stock	NA
Capital Expenditures (Net)	NA
Dividends as % of Net Earnings	NA
Depreciation (Net)	NA
Estimated Borrowing Base as a % of Accounts Receivable	NA
Estimated Borrowing Base as a % of Inventory	NA
Estimated Borrowing Base as a % of       Property, Plant and Equipment (Net)	NA
Common Shares Outstanding (Fully Diluted)