Marker International MRKR Ski Bindings,clothing,snowboards Message Board

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Non-Tech : Marker International MRKR Ski Bindings,clothing,snowboards

MRKR 0.955

-4.4%

Nov 3 3:56 PM EST

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To: Oak Tree who wrote (289)	8/23/1999 9:40:00 AM
From: John R Resseger	Read Replies (1) of 360

Pete Weaver, President of Marker International returned my phone call Friday 4:05 EST. We had a pleasant conversation. He was equally dumbfounded as I regarding the ineptness of the News story from Reuters and the sorry light Marker was placed in. He said the Bloomburg story was worse. Here is the real story. The next winter Olympics are in 2002. Hank Tauber is no longer an officer of Marker and has not been for over a year. Now the important stuff. 1. The banks are going kiss off around $30M in debt 2. Hanks preferred are not part of the remaining 15%. 3. T & C can not buy or sell for two years. 4. . Hank can't sell for 60 days. 5. Marker newco will have equity of $12M 6. Marker did win the manufacture?s cup again this year, and by a large margin. 7. Marker's bindings are the best. 8. Marker still owns the snowboard step-in binding and some cool snowboard technology.

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