HAVAS EYES ISL UNIT? AD AGE reports that Havas
Advertising's new Havas Sports unit is "negotiating to
acquire a controlling interest" in ISL France, a division of
Swiss-based ISL Worldwide (AD AGE, 10/19).
LET IT SNOW? In Denver, Steve Raabe examined publicly
held ski companies Vail, American Skiing Co. and Intrawest
Corp. N.Y.-based investment-banking firm Schroder & Company
Managing Dir John Rohs: "I honestly believe that at least
the short-term future of the ski stocks is going to be very
heavily influenced by how investors perceive the snow
situation." American Skiing Co. Founder & CEO Les Otten:
"We're not looking for a recovery story. The company is
expecting business volumes to be ever so slightly changed
from last year. We're looking for a very, very modest
increase in skier visits and looking for the opening of some
of our real-estate projects" (DENVER POST, 10/17).
NOTE: FL-based Visual Edge Systems "withdrew" its
federal lawsuit against Greg Norman, who is "featured" in
the company's golf training video. Visual Edge sued former
CEO Earl Takefman and COO Richard Parker (P.B. POST, 10/18).
