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

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To: keith massey who wrote (2322)11/22/1999 7:03:00 PM
From: Kevin Hamlin  Read Replies (5) of 5053
 
Ok Keith, sign me up as one of those who "totally missed the point"! (arrgh!)

The comments that you've made (listed below) Keith are excellent and I think are worth considering.

<<< Now move on to JDX. Why did they buy Enviromation?....for very obvious reasons....they now have a core operating company and also now meet all the new TSE regulations.>>>

and

<<There is no way JDX could have bought 100% of a tech. company with $3 million in revenue....it would have cost them more than $20 million. By buying Enviromation they have killed a bunch of birds with one stone. The have a core business when the go to the NASDAQ, the don't have to worry about the TSE listing and for a small amount of cash they have a constant cash flow.>>

When I read the the Enviromation deal I think I got sidetracked and couldn't see the value in it. (I tried) As always, you've presented it in a way that makes a lot of sense! So now that I "see the strategy", would the people who I sold some shares mind giving a few back? <gg!>

Congrats to all those who are still holding and hoping for higher prices. In light of Keith's comments, I think you'll get your wish!

Regards,

Kevin
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