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To: ron forgus who wrote (3182)12/17/1997 3:15:00 PM
From: george eberting  Read Replies (1) | Respond to of 4489
 
I was informed by the Company that the SMTK shares are restricted until early next year. This means they can't sell them until then.
I think the news release said something about 3/15/98 as the anticipated date the shares would be registered and, hence, salable.
So that is why I think hedging makes good sense. George