Larry Pollock, president and CEO of Cole National, has urged shareholder to vote in favor of Luxottica's merger agreement at the company's annual meeting on June 20, but has again pointed out that Cole's board of directors would be prepared to accept a higher bid. Moulin International has not yet indicated whether it has been able to put together the necessary financing for its own takeover proposal, in concert with HAL. Observers feel that Moulin and HAL could still make again an announcement just before Cole's scheduled annual meeting. In case of defeat, observers say, Moulin and HAL could still turn their eyes over to Eye Care Centers of America, which has not yet gone ahead with its planned public offering.