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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

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To: keith massey who wrote (2218)11/22/1999 11:56:00 AM
From: Jonathan N  Read Replies (1) of 5053
 
I am glad and not surprised the Enviromation deal is small. It would not be consistent with the multiple deal model to pour a ton of money into one venture. The mixing of deal-types (acquisition plus two alliances) still seems a little weird to me, but again, if it is a small deal they couldn't pass up...

This must be the opening volley in what promises to be a steady stream of announcements from now till the New Year. It is comforting that they did not also stick a Medsite announcement into the fray. There is already too much information there, and the Medsite S1's are sufficiently exciting to warrant their own day. Today's news sets up the fundamental framework which sill be filled in throughout the year. Maybe that's why the Enviromation announcement seems a little out of place--it is not really a framework component. I suppose that is why it had its own release.

Anyway, very exciting indeed. Sorry for the rambling nature of the post.

Jonathan
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