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To: Ruby who wrote (966)9/30/1999 11:44:00 PM
From: rocki  Read Replies (1) | Respond to of 1341
 
>>more upside to MTP than IFM

Ruby, tend to agree, this deal is better for MTP. I think its a way of parting with the 2 individuals. My take is that Rory doesn't fit in Montys vision , although he did well with all the projects initially with IFM.

Yes what to do with 6M MTP shares.

I think in recent news release, this division was worth 25-30M. 10M for Liesure/sports div. Totalnet is not worth 15-20M. If I remember right IFM paid 6m for TotalNet a few years ago.

This just clears the air so IFM can move on.



To: Ruby who wrote (966)10/1/1999 1:47:00 AM
From: xxxx  Respond to of 1341
 
You're right! Thought that M T had only 24m shares outstanding! Can't see what they have gained other than another customer????


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