135 East  Wilson Drive

　　Flint, Michigan 25371

　　(313)966-1757

　　May 24, 1997

　　Mr. David  P. Ducket

　　Chief Financial Officer

　　Rathyeon Company

　　600 Industry Blvd.

　　Hillsboro, MA  98271

　　Dear Mr.Ducket:

　　If you are currently in the market for an accomplished¹ Senior Financial Analyst² who has established an excellent reputation for successful acquisition analysis, the enclosed resume should prove interesting to you.

　　My credentials³ include an M.B.A. in Finance from the University of Chicago and over 6 years acquisition analysis with the Business Development Department of a Fortune 100 food company, During this period I completed analysis of 28 acquisition candidates,  which resulted in the acquisition of 6 highly profitable companies. These included:

　　-a $40 million acquisition of a baking company that has achieved an average ROI of 18% for the first 3 years of ownership

　　-a $28 million acquisition of a foods distribution company showing a 22% ROI in the 3rd year of operation

　　-a $62 million purchase of a food wrap company that yielded a 12% return during first year following acquisition

　　Importantly, all acquisitions have proven highly profitable,  with the poorest performer achieving an ROI of 8.2%.Additionally, all acquisitions were completed at a very attractive price-to-net profit ratio.

　　Mr. Ducket, I would welcome the opportunity to meet with you personally to discuss the kinds of contributions I might make to Raytheon Company as a member of its Business Development staff.

　　If you see this as a worthwhile investment, I can be reached on a confidential⁴ basis at(313)877-9075 during the day, or at my home phone during the day, or at my home phone during the evening.

　　Very truly yours,

　　Patricia A.Waverly

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　　Enclosure