Conflict over INM

Madam, - The shrill response of Independent News & Media to the "destabilising" advances of Denis O'Brien makes me laugh…

Madam, - The shrill response of Independent News & Media to the "destabilising" advances of Denis O'Brien makes me laugh.

It is not long ago since INM relentlessly pursued the fledgling eircom.

The campaign spearheaded by the business editor of the Sunday Independent completely destroyed shareholder confidence in that company.

In exploiting the fears and inexperience of novice shareholders he reduced successive eircom agms to the level of pantomime farce.

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For good measure the same bewildered investors were forced soon afterwards to sell their interests in the beleaguered (though debt-free) telco to a consortium led by the employer of that self-same business editor of the Sunday Independent.

What goes around comes around. - Yours, etc,

CIARÁN O'HIGGINS, Keatingstown, Wicklow.