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To: Bryce Elkins who wrote (2042)9/22/1999 1:07:00 PM
From: Douglass Smith  Read Replies (1) | Respond to of 15615
 
I was at the meeting today. Very upbeat, and very crowded. All of the proposals were accepted. (As I recall the proposal to merge with FRO was accepted by around 80% of outstanding shares).

They claim that the PR difficulties will be overcome in the days to come -- they had to keep a low profile so as not to imperil the FRO deal.

Winnick and Annunziata are very good speakers and very persuasive. I have been a shareholder for awhile, and will remain so.

Doug