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

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To: Kevin Hamlin who wrote (3319)12/21/1999 11:55:00 AM
From: Gary S   of 5053
 
FWIW, the following is an excerpt from Resource Stocks Advisory & Struther's Future Tech Report, which I received today by e-mail:

Jordex JDX on Toronto Recent Price - $1.53
Entry Price $0.60 Opinion - take profits $1.80 - $2.00

Jordex took a big jump Friday up $0.43 on high volume and settled back some Monday, with rumors of possible news. We are still holding JDX for higher prices and so far it is going our way. It is of little use to do any kind of analysis or price projections on tech stocks as anything can happen with their stock prices. It is more important to use a disciplined strategy of taking some profits but holding part of your position for ridiculous prices. At $1.80 and higher we are officially up over 200% and it would make sense to sell about 1/3rd position and hold the rest for higher profits. I expect the stock to make new highs when the medsite IPO happens or other new developments materialize. However, it is prudent to take some profits. You never know, January could turn out to be a bad month for tech stocks and JDX could drop along with a market correction.

chart.canada-stockwatch.com

Jim Graham 1-800-675-1749 fax 516-922-6429
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