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Non-Tech : Marker International MRKR Ski Bindings,clothing,snowboards
MRKR 0.923+1.8%Nov 5 3:57 PM EST

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To: John R Resseger who wrote (267)7/15/1999 10:00:00 AM
From: John R Resseger  Read Replies (3) of 360
 
The 1M shares of preferred are convertable into 1.3M shares common. If they are converted and become part of the 15% of the new Marker than 12.6 shares represents 15% of what Tecnica is paying $15M for.

17% = $3M so... 15% = say 2.7M devide by 12.6 = $.20 cents a share. Ouch!

It is important to write things down.
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