T.ITE: iTech Capital (TSE) Message Board

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

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To: keith massey who wrote (845)	9/1/1999 12:18:00 PM
From: Kevin Hamlin	Read Replies (1) of 5053

Well after following JDX for about the past 4 months, I have (finally)bought in today. What was holding me was some of the selling by Odlum over the past month, and my own wish for it to test .70 once more. It did, and it held. Here's a few more thoughts. 1) The Odlum selling was fairly persistent. Usually about 20-40k shares per day. Yesterday they were only 4k shares sold. Today, none. 2) I would think that the combination of the Odlum selling, month end selling, a quiet week (i.e., last week of the summer and a week leading into a long weekend) would put the maximum downside pressure on JDX. Perhaps it did, but the .70 level held very strongly. 3) Typical of many junior companies, the fall is one of two strong periods. September is often "good". With additional expectations looming such as a possible acquisition and medsite i.p.o., I expect JDX to trade up from these levels. Regards, Kevin

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