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Biotech / Medical : Synetic Inc. (Nasdaq: SNTC) -- Ignore unavailable to you. Want to Upgrade?

To: Michael Olds who wrote (25)	7/7/1999 8:21:00 PM
From: Michael Olds	Read Replies (1) \| Respond to of 34

From the Proxy Statement: Medical Manager stockholders: Each share of Medical Manager Common Stock that you own will be converted into .625 shares of Synetic common Stock, if the average closing price of Synetic common Stock during the period from and including July 7, 1999 to and including July 20, 1999 is greater than or equal to $67.20. If the average closing price per share of Synetic Common Stock during the period from and including July 7, 1999 to and including July 20, 1999 is less than $67.2 but at least $56.00, the exchange ratio will be adjusted upward so that the value of the Synetic Common Stock to be received for each share of Medical Manager Common Stock based on such adjusted exchange ratio is equal to $42.00 based on the average closing price of Synetic Common Stock during such period. If the average closing price per share of Synetic common Stock during the period from and including July 7, 1999 to and including July 20, 1999 is less than $56.00, the exchange ratio will be .750 shares of Synetic Common Stock for each share of Medical Manager Common Stock, unless the board of directors of Medical Manager exercises its right to terminate the merger. Synetic and Medical Manager will issue a joint press release announcing the exchange ratio prior to the opening of trading on July 21, 1999. And the new company will be named Medical Manager Corporation, ticker (MMGR).