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

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To: keith massey who wrote (1447)11/5/1999 10:27:00 AM
From: Claude Cormier  Read Replies (2) of 5053
 
<<With the capital and resources to announce 13-14 more deals the same size as Medsite.com....well you do the math.>>

Well Keith... I know the money is there. But here is why, although I really like JDX, I can't share this optimism.

JDX has been looking for months and examining more than 60 deals I believe. SO far it got only Medsite.com

You can conclude that it could take a long time before they find appropriate vehicles for this money. We are in a tech bubble. So the prices are getting higher very fast. The ticket to enter this market is expldong in price as the line up grows. In short I think that JDX may miss the train and that the IPO market will not be the same when the music stop. The window of opportuniting is getting smaller.

ICGE and CMGI got in before investors started blowing air into the balloon. I doubt there will be a repeat of their performance once it is over.

And make no mistake, their will be an end to this hyperbolik madness. By early 2001 at the latest...it will be all over.
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