Ann: Revised Terms on Corporate Transaction with ERM Power, page-15

Definite no from me until I know the reserves

Seriously; these guys are dim witted if shaving the deal by a million was supposed to be a deal saver

We will know reserves in 60 days. The only response they deserve before we know this crucial piece of information is a "NO"

KPMG will have to be very brave to come to any sought of a finding of fairness that is not wholly disclaimed by the imminent release of reserve #'s if they are foolish enough to bring down a finding before the reserves come in

Viney