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To: PCSS who wrote (1052)9/16/1998 10:51:00 AM
From: Mike Healy  Read Replies (1) | Respond to of 1069
 
I agree with your comments. ISLI's board must "support" the merger having signed an agreement. I am sure they will faithfully perform whatever activities (roadshows, etc.) they are obligated to perform. But investors won't need a lot of help to figure this one out. Its not a new story.

I increasingly suspect we will see a restructured or failed merger (its happend a fair amount in the U.S. this year given market volatility).