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Biotech / Medical : Hydron Tech.
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To: Edward Goldstein who wrote (26)6/3/1997 9:54:00 PM
From: Dave K   of 72
 
A shareholder revolt in progress. Caused a stir in the price today.

WASHINGTON (Dow Jones)--A group of investors that holds a total
13.3% stake in Hydron Technologies Inc. intends to pursue talks
with the company's management to increase shareholder value,
according to a Tuesday filing with the Securities and Exchange
Commission.
The filing said the group's proposals could include the
replacement of certain senior officers and directors and
restrictions on the payment of executive compensation and
dividend payments.
If the talks don't lead to opportunities for higher
shareholder value, the group ''may consider the solicitation of
proxies,'' the filing said.
Based in Boca Raton, Fla., Hydron Technologies sells personal
care products.
(END) DOW JONES NEWS 06-03-97
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