Forum Archive Index - August 2000

[Chris <cd@ak.planet.gen.nz>]

John W, 

Yes John I appreciate that some require anonymity.

Going back to your 20 July post;

Another rumour! 
My source must remain protected.
ITC have apparently "quit an investment they made for $2 million, for $12
million".  I queried my source as to whether this was the US music 
business
they quit late '99 / early '00. He said "no, it was something else" and 
"to
expect an announcement within the next few days"  
I pass this rumour on in the spirit it was given to me. 
Any other info. from other chatters would be interesting.
 
It refers to a sale of $12m and today Tony talks of $35m.  I hope that 
you are both right and ITC has $47m in the bank, but to punt on *just* 
figures without detail is beyond reasonable risk.

All the best,
Chris    

>Chris,
>See my post earlier this morning and the one on 20 July. I can tell you the
>RUMOUR I heard did NOT come from my postie, masseuse, taxi driver or shoe
>shine boy.
>Sometimes however sources do request anonymity as is the case here.
>I do note a bit of action with itc this morning. Is this because of the
>RUMOUR or because the RUMOUR has substance? How long is a piece of string?
>Cheers
>John 

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