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Stocks Q / Quick & Reilly Group, The


Subject:  Re: Takeover speculation Date:  8/26/1997  6:05 PM
Author:  jcondon Number:  3 of 5

If Quick & Reilly is acquired for cash, you would receive a check for your shares once they have been tendered. A tender offer will be sent to you, if you are the registered shareholder, or to your broker if you are holding the shares in street name. If the purchase is made with stock, the same procedure is followed, but instead of a check, you receive shares of the acquiring company.

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