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Biotech / Medical : ROTC:Rotech medical

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To: Etana Finkler who wrote (115)7/20/1997 3:19:00 PM
From: JohnSK   of 161
 
If IHS sells at an average price below $33 for a specified 10 day period before the ROTC shareholder's meeting, then the deal is supposed to be off. At least that is what they said during the conference call. I think the 10 day period is the 10 days preceding the 5 days before the meeting, but I am not sure. I don't know when the meeting is, but the proxy material is supposed to be out in early August, and they want to have the deal done by the end of Sept.

John
(long ROTC)
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