To: K A Anderson who wrote (3153 ) 4/7/1998 2:36:00 PM From: Wayne J. Respond to of 6654
Hello! KAA, In my view the news release was a much needed update, based on all the concern expressed on this thread over the past weeks! I may have been partially responsible in motivating Jack Arnold in issuing an update today! I made quite a large plea/request yesterday requesting some news or a progress report! I/we have attempted to indicate that PATIENCE is a key component for several shareholders ( like myself) in keeping a realistic focus on the task at hand and the most likely time frame that would be required in hearing the completion details of the merger/acquisition ( if, as and when announced!).... Based on the volume of phone calls that Jack Arnold was getting, it just made some sence to me that an update/ progress report would be prudent, if only to free up some time for Jack Arnold to proceed with his merger/acquisition efforts! Either way, in my opinion, I got a much clearer picture from todays news release that significant progress has been made on behalf of the CVIA Shareholders! ( In my own opinion!)..... Interesting to note how the trading pattern changed once Jack announced that the Reg s shares had been worked through the system! Of course this is only a guess on my part, but it sure appeared to take away some scare tactic tools from the M.M's, now that the CVIA Shareholders are on the same playing field, knowing that the M.M's don't have an endless supply of shares available at their disposal via the Reg S scenario! Yes! In my opinion, I would say that the news release that Jack issued today was very worthwhile and a much welcomed gesture from our fearless leader! Now! I can very patiently wait for the "BIGGIE" knowing that we we are in charge of our destiny! ( At least more so than before--in my own opinion!).... Best regards, Wayne J.