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nilip - Wed, 31 Dec 03 :



I thought that the MMT takeover was a rather large pill to swallow in the first place.

I am very concerned that incompatabilities have already arisen from the MMT integration which inevitably results in extra costs and over heads in the shoort term, the last thing MCGN needed was another distraction (by way of another aquisition) to further impact any transitional period it may need to go through.

Bodes well for long term, but I fear at the expense of short/medium term.

I can't see the integration of these 2 aquisitions going smoothly at all - it's difficult at the best of times !

I'm expecting a negative effect on sales and profits for 2004.


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