Forum Archive Index - December 1999

["Matthew Van Veen" <mattvanveen@hotmail.com>]

Ben
I too can only find a dollar figure for tunes.com which is correct as you 
listed. A percentage figure is not even on their website. I am not too 
worried about it. I think this share has hugh potential. Exonet is beginning 
to make big progress in small businesses.


>From: "Ben Dutton" <bendutton@sharechat.co.nz>
>Reply-To: sharechat@sharechat.co.nz
>To: <sharechat@sharechat.co.nz>
>Subject: [sharechat] ITC
>Date: Wed, 1 Dec 1999 20:18:23 +1300
>
>I've just read that Emusic.com, the "leading seller of downloadable music"
>will acquire tunes.com, the third most visited music web site.
>
>This is of course interesting because IT Capital has a US$500,000 
>investment
>in tunes.com
>
>As the deal is reported to be worth US$130 million (in a stock-for stock
>deal) it could provide a very big payoff for IT Capital.  Unfortunately I
>haven't been able to find the percentage of tunes.com that IT Capital holds
>for its investment.
>
>Benjamin Dutton
>
>
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