MCI and JTT both making plans to issue shares on Warsaw Stock Exchange
Information-technology company MCI Management and its subsidiary JIT
Computer are planning to be listed on the Warsaw Stock Exchange (WSE) as of
next year. MCI president Tomasz Czechowicz says the company will file an
issue prospectus with the Securities and Stock Exchange Commission (KPWiG)
in two weeks' time. The issue is slated to take place in the fall of 2001.
MCI wants to raise between $10 million and $15 million from the share
flotation and use it to take over other IT companies. (Rzeczpospolita, page
B2) A.Z.