T.ITE: iTech Capital (TSE) Message Board

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

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To: The Barracuda™ who wrote (3125)	12/14/1999 1:17:00 PM
From: keith massey	Read Replies (2) of 5053

Great stuff from the Street.com... I am looking forward to the scramble to find these companies... This is taken from the Stockhouse thread... looks like we just got covered again. Speaking of increasing visibility, the Canadiam Investment Reporter has just added coverage of Jordex as a speculative buy (as of December 1999). They classify JORDEX as Diversified and give the usual profile on Jordex eg "...has been involved in the acquisition,exploration and development of mineral properties in North and Latin America. The company is also actively pursuing high yield opportunities in the technology sector." Interestingly enough, the focus of the coverage is entirely on Enviromation, which they go into a fair amount of detail on. They also cover the financials of both Enviromation and Jordex and go on to say that Jordex?s acquisition of Enviromation should serve as a base from which additional growth can be achieved. And to quote "Jordex intends to expand Enviromation?s markets by increasing its distribution channels. In addition, Jordex intends to develop on-going revenue streams by selling off-site monitoring services and providing connections and communications over the Internet. Enviromation?s revenues for the fourth quarter of fiscal 1999 is expected to amount to $1.1 million. We recommend purchases of Jordex shares for long-term capital appreciation." No mention of the last couple of tie-ins or the Medsite.com involvement at all. Purely focused on the Enviromation acquisition - I suspect anyone getting into Jordex based on their coverage may be in for a bit of an interesting surprise! Cheers......Kiwi

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