The occupation authority's economic adviser estimated that it was 22 percent to 30 percent.

And his advisers estimated that there was a $24.5 million gap in the town's $60 million budget for the coming year.

One adviser estimated that the Clintons owe their private lawyers $6 million.

The remaining shares would be exchanged for a new issue of subordinated debentures, which Mohasco's financial advisers estimate would also have a market value of $36.50.

The candidate can tap a personal fortune of between $90 million and $300 million, according to campaign financial disclosures; advisers estimate his wealth at some $200 million.

The county's financial advisers, Salomon Brothers and Arthur Andersen, estimate the county's portfolio losses at around $700 million.

Nextel Partners' adviser, Morgan Stanley, had estimated its value at $29.75 a share.

Yet even his chief economic adviser estimates the impact would be minuscule.

But that money is only a fraction of Mr. Lamont's wealth, which his advisers estimate at around $200 million.

One adviser estimated that such a program could train 15,000 to 20,000 teachers a year.