|
[letterhead]
LUTIN & COMPANY
575 Madison Avenue
New York, New York 10022
Telephone (212) 605-0335
Facsimile (212) 605-0325
July 8, 2003
By telecopier:
310/320-2436
Mr. John E. Simmons
Farmer Bros. Co.
20333 South Normandie Avenue
Torrance, California 90502
Dear Mr. Simmons:
Thank you for your July 3rd
letter, which I saw yesterday after the holiday week-end. I'm glad to know
that you appreciate the concern expressed in my July 1st letter about the
"differing reports" of the Chairman's condition.
Your letter will of course be
distributed to participants in the Forum for Farmer Bros. shareholders. If
you provide me with a copy of the lawyer's letter from which you quoted a
phrase, that will be similarly distributed. In any event, I encourage you
to seek and report a more specific statement from the lawyer about what he
actually told the newspaper or others. Most investors will be interested in
the substance of what he said, rather than in whether some of the words may
have been misquoted.
What's really needed, though, as
indicated in my July 1st letter, is a public statement from the company
itself describing the Chairman's health and capacity to perform his duties.
Finally, since you receive all of
the Forum distributions, I hope you will continue to let me know when you
have any comments or opinions that may be relevant to your company's
shareholders.
Sincerely yours,
Gary Lutin
cc: John M. Anglin, Esquire
Mr. Roy F. Farmer
|