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Microcap & Penny Stocks : Fruehauf FTCFQ -- Ignore unavailable to you. Want to Upgrade?

To: Field who wrote (21)	4/4/1998 2:48:00 PM
From: Joe Copia	Read Replies (1) \| Respond to of 74

This is a response to Dusty: out of the WNC filing I found this: The Company and Fruehauf have, subject to certain exceptions, agreed not to, directly or indirectly, offer, pledge, sell, contract to sell or otherwise transfer or dispose of any shares of Common Stock or any securities convertible into or exchangeable or exercisable for Common Stock without the prior written consent of Merrill Lynch for a period of 90 days from the date of this Prospectus, except that the Company may, without such consent, issue shares of Common Stock upon the exercise or conversion of any outstanding options, rights, warrants or other convertible securities, or issue shares of Common Stock or grant options to purchase shares of Common Stock pursuant to the Company's existing employee benefits plans, director stock plan, or dividend reinvestment plan. For financial statement purposes the acquisition was accounted for as a purchase and accordingly, Fruehauf's results are included in the consolidated financial statements since the date of acquisition. April, 1997 . Joe PTG&LI !!!

To: Field who wrote (21)	4/4/1998 4:18:00 PM
From: mhinrichs	Respond to of 74

Talked with individuals in my co's freight services division and they said Freuhauf made an excellent trailer in their time. They used to have a big tank trailer plant here in Omaha. Wabash apparently makes a "low cost" trailer designed and constructed for large fleet companies. JB Hunt and Schneider run Wabash van trailers and piggy backs in their fleets. Navistar has a similar market plan in that it sells its "no-frills" trucks into the fleet market. Navistar purchased the truck division of Int. Harvester years ago and had overnite success simply by focusing on the large fleet co's. Int Harvester was trying to appeal to the owner/operators and could not compete with the fancier Kenworth's, Peterbilts, etc.