T.ITE: iTech Capital (TSE) Message Board

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

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To: AriKirA who wrote (3674)	1/7/2000 2:29:00 PM
From: Crazy Canuck	Read Replies (1) of 5053

Here is another piece of great Medsite related press that someone just sent me. On page 169 in the January 10th, 2000 edition of Forbes, they have a brief write up on this company. Here is an excerpt from the lead in to the story followed by the write-up . . . "When checking back in with the entrepreneurs we covered in 1999, we found unexpected successes and the rewards of persistence, and we found folks who had to scrap their original business plans in favor of better ideas." Sundeep Bhan's Medsite went after a niche Amazon wouldn't touch - selling medical textbooks on-line ("What the doctor ordered," Jan. 25). Like Jeffrey Bezos, Bhan has expanded his scope. He now sells medical products (from stethoscopes to scrubs), medical journal subscriptions, even an electronic physicians' calendar. "We're writing six-month business plans and changing them every three," says Bhan. Revenues reached $14 million in 1999. Medsite is dreaming of $40 million in sales for 2000, with the help from $63 million of venture capital that will help pay for advertising.

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