Interups Inc (ITUP)

[snow]

RD "What will remain for ITUP after MCA is absorbed by Cow. How much of the gold assets and the roughly $300M in earnings you booked a year ago, will remain for ITUP? This question becomes even more relevant now because, as I just said, you basically can't transfer those assets to MCA....." I t hink these questions are very important for the shareholders of ITUP. What sort of business will ITUP engage in when it loses its WM arm? Espeically if ITUP (masala camptal) is only to have a fairly small stake in Cow Capital it becomes all the more important what happens to ITUP itself. After all you suggested not long ago that based on past profits that parts of ITUP that existed before the WM arm might be worth a p/e of 10 based on profits of more than 300 million dollars. Thus this is an extremely important question for the current ITUP shareholders.