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

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To: keith massey who wrote (742)7/24/1999 11:52:00 AM
From: David Raine  Read Replies (1) of 5053
 
Keith,

Another week, another spectacular NASDAQ debut. Reading in this morning's Financial Post (Canada) about MP3.com…, this stock was selling pre-IPO at .33/share, which is where Alanis Morissette and other insiders got in. It IPO'd at 28.00, hit $105.00 on day one and closed the week at $63.00.

Now, I know Medsite.com is no MP3.com, but with JDX getting in at those incredible pre-IPO prices, even a fraction of that kind of move will see a bunch of happy shareholders.

David Raine
Vancouver
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