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To: Freddie Forte who wrote (5972)	3/12/1998 5:44:00 PM
From: Steven Angelil	Respond to of 27968

Good point Freddie. I don't think there will be much of a merger premium, because what the company is doing is "buying" their listing, instead of doing it all on their own. But, because we will be a listed company with a higher share price(because of the 4FAMH-1XYZC)the stock should get more brokerage attention and interest. So while we may not make out like bandits like we hope, in a year from now if the company does make $.36, as a listed company, the stock should trade at least at the industry multiple. Anyway, we will all make so much money if that does occur, nobody will want to sell until after 18 months anyway!;-)) That's how I see it. Steve