Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (50134)	7/13/1999 12:09:00 PM
From: nokomis	Read Replies (1) of 120523

NCT news: News Story NCT - Toronto Mail Report Trading Symbol: NCT Exchange Listing: Toronto Montreal New York TORONTO, July 13 /CNW/ - Newcourt Credit Group in response to a request from the Toronto Stock Exchange today said that a story in the Report on Business section of the Globe and Mail claiming that Newcourt and CIT have agreed to a revised exchange ratio of 0.65 of a CIT share for each Newcourt share is inaccurate and speculative. In commenting on the story Newcourt said, ''Discussions with CIT are ongoing. There has been no amendment to the original exchange ratio of 0.92 established in the March 8th, 1999 business combination agreement.'' /For further information: Rick Perkins, (416) 507-5437/

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