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RE: [sharechat] ITC rumour - Latest!!!!!


From: "Wedde, John" <john.wedde@cit.ac.nz>
Date: Mon, 14 Aug 2000 12:47:28 +1200


My first advice to Chatters on this one was on July 20. 

I copy that posting:

>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.

The figures are consistent with today's news.

Cheers,
John
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