SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : T.ITE: iTech Capital (TSE)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Kevin Hamlin who wrote (2308)11/22/1999 5:18:00 PM
From: Syncrude  Read Replies (2) of 5053
 
Kevin,

I think your reasoning is very valid and obviously the market agrees. The news for short term traders came up short of expectations. The news positions the company for the longer term and will provide a base to support the current $38mm market cap.

The company will need more than $17mm in cash to develop a portfolio of high tech investments. Thus perhaps there is a growing suspicion that a share issue is around the corner. At what price is the question??
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext