Spine-Tech (SPYN) Message Board

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Biotech / Medical : Spine-Tech (SPYN)

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To: .com who wrote (33)	8/22/1996 4:13:00 PM
From: Bruce Payne	of 242

Scott, I read the PR yesterday but don't really see a big benefit to the shareholders yet. While this would dilute the acquiring co. share of SPYN, it would only do so by 98K shares. What I don't know is the value of a preffered sh. Hopefully someone on this thread can shed more light on the topic. As you know, there have been aquisition rumors for quite some time. My personal opinion is that this is not likely until after FDA approval. And even then, I think the shareholders would be better served by the Co. staying independent. I'm hopeful that this announcement is a prelude to an FDA approval in the very near future! Maybe this measure will stave off any immediate takeover attempts.

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