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INI File | 1992-08-12 | 49KB | 1,160 lines

[ver] 4 [sty] [files] [charset] 82 ANSI (Windows, IBM CP 1252) [revisions] 0 [prn] PostScript Printer [port] LPT2: [lang] 1 [desc] Mercury Sports - Proposal to Board of Directors 708045680 22 705180540 656 1 0 0 0 0 1 [fopts] 0 1 0 0 [lnopts] 2 Body Text 1 [docopts] 5 2 [GramStyle] [ParaNum] 1 [tag] Body Text 2 [fnt] TimesNewRomanPS 240 0 49152 [algn] 1 1 0 0 0 [spc] 33 273 1 72 72 1 100 [brk] 4 [line] 8 0 1 0 1 1 1 10 10 1 [spec] 0 0 0 1 1 0 0 0 0 [nfmt] 280 1 2 . , $ Body Text 0 0 [tag] Body Single 3 [fnt] TimesNewRomanPS 240 0 49152 [algn] 1 1 0 0 0 [spc] 33 273 1 0 0 1 100 [brk] 4 [line] 8 0 1 0 1 1 1 10 10 1 [spec] 0 0 0 1 1 0 0 0 0 [nfmt] 280 1 2 . , $ Body Single 0 0 [tag] Bullet 4 [fnt] TimesNewRomanPS 240 0 49152 [algn] 1 1 0 288 288 [spc] 33 273 1 0 0 1 100 [brk] 4 [line] 8 0 1 0 1 1 1 10 10 1 [spec] 0 0 <*0> 360 1 1 0 0 0 0 [nfmt] 272 1 2 . , $ Bullet 0 0 [tag] Bullet 1 5 [fnt] TimesNewRomanPS 240 0 49152 [algn] 1 1 288 288 288 [spc] 33 273 1 0 0 1 100 [brk] 4 [line] 8 0 1 0 1 1 1 10 10 1 [spec] 0 0 <*5> 0 1 1 0 0 0 0 [nfmt] 280 1 2 . , $ Bullet 1 0 0 [tag] Number List 6 [fnt] TimesNewRomanPS 240 0 49152 [algn] 1 1 360 360 360 [spc] 33 273 1 0 0 1 100 [brk] 4 [line] 8 0 1 0 1 1 1 10 10 1 [spec] 0 0 <*:>. 360 1 1 0 0 0 0 [nfmt] 272 1 2 . , $ Number List 0 0 [tag] Subhead 7 [fnt] TimesNewRomanPS 240 12713984 49153 [algn] 1 1 0 0 0 [spc] 33 273 1 72 72 1 100 [brk] 4 [line] 6 0 1 12713984 1 1 1 10 10 1 [spec] 0 2 0 1 1 0 0 0 0 [nfmt] 272 1 2 . , $ Subhead 0 0 [tag] Title 8 [fnt] Arial MT 360 0 16385 [algn] 4 1 0 0 0 [spc] 33 446 1 144 72 1 100 [brk] 16 [line] 8 0 1 0 1 1 1 10 10 1 [spec] 0 1 0 1 1 0 0 0 0 [nfmt] 272 1 2 . , $ Title 0 0 [tag] Masthead 9 [fnt] TimesNewRomanPS 320 12713984 49169 [algn] 1 1 0 0 0 [spc] 33 403 1 0 0 1 90 [brk] 4 [line] 11 0 1 12713984 1 1 1 82 10 1 [spec] 0 0 0 1 1 0 0 0 0 [nfmt] 280 1 2 . , $ Masthead 0 0 [tag] Date 11 [fnt] TimesNewRomanPS 240 12713984 49152 [algn] 2 1 0 0 0 [spc] 33 273 1 216 0 1 90 [brk] 4 [line] 8 0 1 0 1 1 1 82 10 1 [spec] 0 0 0 1 1 0 0 0 0 [nfmt] 280 1 2 . , $ Date 0 0 [tag] Footnote 12 [fnt] Helvetica 180 0 16384 [algn] 1 1 0 288 0 [spc] 33 273 1 72 72 1 100 [brk] 4 [line] 8 0 1 0 1 1 1 10 10 1 [spec] 0 0 <*:> 0 1 1 256 0 0 0 [nfmt] 280 1 2 . , $ Footnote 0 0 [tag] Table Text 0 [fnt] Helvetica 240 0 16384 [algn] 257 1 0 0 0 [spc] 33 273 1 0 0 1 100 [brk] 4 [line] 8 0 1 0 1 1 1 10 10 1 [spec] 0 0 0 1 1 0 0 0 0 [nfmt] 280 1 2 . , $ Table Text 0 0 [tag] Table Text 2 0 [fnt] Helvetica 180 0 16384 [algn] 257 1 0 0 0 [spc] 33 273 1 0 0 1 100 [brk] 4 [line] 8 0 1 0 1 1 1 10 10 1 [spec] 0 0 0 1 1 0 0 0 0 [nfmt] 280 1 2 . , $ Table Text 2 0 0 [frm] 1 25297408 1444 2996 10832 3666 0 1 1 1 0 0 0 0 0 0 0 16777215 5 [frmlay] 3666 9388 1 0 0 1 2996 0 0 2 0 255 255 566 1 1444 10838 0 [txt] @Masthead@<+(>Proposal to Board of Directors<-(> > [frm] 1 41943552 8474 3128 10835 3660 0 1 1 1 0 0 0 0 0 0 0 16777215 4 [frmlay] 3660 2361 1 0 0 1 3128 0 0 2 0 255 255 566 1 8474 10831 0 [txt] @Date@<+(>August 1, 1992<-(> > [frm] 1 537001984 1425 1068 10785 2917 0 1 1 1 0 0 0 0 0 0 0 16777215 8 [frmname] Frame8 [frmlay] 2917 9360 1 0 288 1 1068 0 0 2 0 255 255 566 1 1425 10496 0 [isd] .X8 .wmf .X8 18 1 1569 65528 4980 63979 100 0 80 0 0 6875 3122 16 9903 24 9903 32 9903 40 9903 48 9903 56 9903 3164 17 1440 1440 8 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1024 512 0 2048 44800 2086 42752 6182 42752 8230 42752 10278 42752 4134 42752 12326 42752 38 0 .wmf 3164 65519 0 [frm] 1 82624 1440 3744 1454 3758 1 1 1 2 0 0 100 100 20 0 0 16777215 7 [frmname] frame [frmlay] 3758 14 1 0 0 1 3744 0 0 2 0 0 0 65535 1 1460 1460 0 [txt] > [lay] Standard 513 [rght] 15840 12240 1 1440 1080 1 1080 1440 0 1 0 1 0 2 1 1440 10800 12 1 720 1 1440 1 2160 1 2880 1 3600 1 4320 1 5040 1 5760 1 6480 1 7200 1 7920 1 8640 [hrght] [lyfrm] 1 11200 0 0 12240 1080 0 1 3 1 0 0 0 0 0 0 0 0 1 [frmlay] 1080 12240 1 1440 72 1 792 1440 0 1 0 1 1 0 1 1440 10800 1 3 9360 [txt] > [frght] [lyfrm] 1 13248 0 14760 12240 15840 0 1 3 1 0 0 0 0 0 0 0 0 2 [frmlay] 15840 12240 1 1440 792 1 14832 1440 0 1 0 1 1 0 1 1440 10800 2 2 4680 3 9360 [txt] > [elay] [l1] 0 [pg] 1 7 376 53 1025 0 0 0 65535 65535 Standard 65535 0 1 1 103 44 0 0 0 65535 65535 1 1 65535 0 0 0 0 0 [edoc] We would like to propose the following topic for discussion at the Annual Meeting of the <+">Mercury Sports<-"> Board of Directors this coming September. In light of the fact that sports equipment is experiencing a dramatic rise in use as a corporate premium item,<:F @Footnote@See Appendix B for data on use of sports equipment as corporate premium. Data source is indicated as Market Research, Inc. from a May, 1992 poll. > the New Business Group and the Alternate Channels Group have undertaken a three-month study to explore the feasibility and profit potential of acquiring one or more premium incentive concerns as a built-in outlet for <+">Mercury Sports<-"> merchandise. @Subhead@<:Zcenter><:Z~center>Regional Acquisition Strategy Most premium incentive companies tend to specialize: either in type of premiums offered or in types of accounts served. For this reason, we suggest that <+">Mercury Sports<-"> explore the acquisition of several companies based both here and internationally in order to maximize all areas of our product line. For example, as the table at left shows, Premium Sales of Oglala, WI does a volume business in monog rammed athletic shoes. This would be an ideal outlet for our FlyWings running shoe, as well as our Baby FlyWings line for children. Premium Sales is an established vendor both in the U.S. and Canada, as well as in the Common Market and the Far East. Corp orate Incentives of Canada specializes in garment bags and luggage for the discerning traveler. @Subhead@Takeover Timing The Committee would like to recommend that the Board of Directors proceed as quickly as possible with these acquisitions. Our revenue picture in sports equipment sales is strong right now, and we should be able to leverage this position to obtain financing capital from lenders. We would like to propose the following topic for discussion at the Annual Meeting of the <**><+">Mercury Sports<-"> Board of Directors this coming September. In light of the fact that sports equipment is experiencing a dramatic rise in use as a corporate premium, the New Business Group and the Alternate Channels Group have undertaken a three-m onth study to explore the feasibility and profit potential of acquiring one or more premium incentive concerns as a built-in outlet for <+">Mercury Sports<-"> merchandise. Beyond the obvious revenue increment that such acquisitions would generate, we would also achieve two other objectives for <+">Mercury Sports<-">: broadening our channels of distribution internationally and diversifying our holdings. Most premium incentive companies tend to specialize: either in type of premiums offered or in types of accounts served. For this reason, we suggest that <+">Mercury Sports<-"> explore the acquisition of several companies based both here and internationally in order to maximize all areas of our product line. 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