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Technology Stocks : medsite.com

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To: Mr. Oil who wrote (34)11/2/1999 10:08:00 PM
From: keith massey  Read Replies (1) of 58
 
Ray

JDX shareholders do not get a piece of the IPO but get to participate by holding JDX shares. JDX has a $1.5 million investment in Medsite.com which is converted into shares significantly below the IPO price. If Medsite.com turns into a big winner, which it sure looks like it will, then JDX gets a big cash windfall and JDX shares will get a nice boost.

Best Regards
KEITH
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