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Non-Tech : Citicorp (CCI) -- Ignore unavailable to you. Want to Upgrade?


To: Jason who wrote (31)4/7/1998 9:03:00 PM
From: Doug (Htfd,CT)  Respond to of 101
 
The current Forbes includes an article about Saudi Prince Alwaleed Bin Talal Bin Abdulaziz Al Saud, age 41, who in 1991, according to Forbes injected $590 million and took new convertible preferred stock. "Now 41 million shares, that investment, 9.1% of the Citi's capitalization, is worth $5.8 billion."

Of course, that article was written before the TRV/CCI merger announcement.

Other investments bring the Prince's portfolio to a total of $12.7 billion, according to Forbes. April 20, 1998, p. 58.

Doug (no position in CCI or TRV)



To: Jason who wrote (31)4/13/1998 2:16:00 AM
From: MR. PANAMA (I am a PLAYER)  Respond to of 101
 
HE HAS BEEN AN INCREDIBLE INVESTOR.... great eye fer fallen angels...not everything has worked out YET (Apple etc) but what a great windfall in CCI to make his other investment risks a non event.



To: Jason who wrote (31)6/9/1998 7:16:00 PM
From: TKB  Read Replies (2) | Respond to of 101
 
Jason
I remember the day when I bought this stock in my wife's IRA 5 years ago and it was in the 20's. This guy, a broker friend of mine said not to worry, same line that was used in the "godfather" if i'm not mistaken. Well, he was dead on, if you will excuse the pun. The money will come he said and the management is updated to todays needs and beyond. Bless his heart, I put her inheritance from her mom's estate in that stock. Needless to say, she is a happy camper now. I believe in this corporation and its goals. God bless cci, cause life is good in these parts now. Tkb