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Non-Tech : Lunn Industries (LUNN)
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To: Cary C who wrote (806)9/22/1997 6:42:00 PM
From: Sergio H   of 1436
 
Cary, excellent post. I'm afraid that a lot of people are confused and you may have helped to alleviate that problem.

I would like to add some more clarification. LUNN shareholders will get 1/10 of newco shares regarless of the price at time of
the merger. The day that trading begins as newco stock, the price will first be set by the Market Makers. There is no way to guess what that price will be.

Michael Dodge had stated that he was doing a study to gauge
or to estimate what we can expect the price to be for newco shares.

Sergio
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