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Yes, "penny-wise and pound foolish" means exactly what you think it means, Zelda. That was a direct quote from Beth, by the way. She explained that some publishers prefer to buy the paperback, foreign, and electronic rights all in one package, and if one of those is missing, it will break the deal. She is very concerned with getting her books published in paperback, as right now both are only in hardcover, and she's wanting to get the price point down so more people will buy them (and in the process she will get better known).
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