Marker International MRKR Ski Bindings,clothing,snowboards Message Board

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

MRKR 0.900

-5.7%

11:09 AM EST

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To: Oak Tree who wrote (289)	10/21/1999 7:22:00 PM
From: John R Resseger	Read Replies (1) of 360

Called Marker today. H T and Ralino family are all voting to accept. Tecnica/Volkl wanted to buy Marker out right. The major stockholders felt the offer unfairly took advantage of Marker's temporary financial predicament. The plan now is that two years from the close of 11/1/99 Volki/Tecnica has a three-year window to buy the remaining 15%. In the mean time that 15% will continue to trade on the BB under the present symbol. An independent appraisal will determine the price they pay if they wish to take it private. They may not sell any of their 85% for two years. They could after two years decide to list the stock and sell some of their shares. This does not seem to be their intent. If it snows like hell the company could be worth quite allot two years from now. Figure the 2002 Winter Olympics in Salt Lake City Utah, Marker's Headquarters and distribution center. Ben has neurological degeneration and swaggers through the swamp. I may have to carry all 95lbs up the hill later.

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