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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)
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To: CF Rebel who wrote (3756)1/17/2000 9:25:00 PM
From: Condor  Read Replies (1) of 5053
 
Thanks CF for an excellent post. I do suspect that the internet/telecom incubators have recently been proven more acceptable and earlier higher valuation will result. 4-5 years ago, as in your example of CMGI, the concept was really just being tapped and took awhile to prove itself and gain mainstream acceptability and valuation. BCE I believe is more a mix of conventional value investments and tech stocks (Nortel). Perhaps BCE is not seen as a pure enough high tech play or its lengthy history do not convey a mood of the new economy to the present new breed of "high speed" investors. I do believe/hope that JDX valuations will ramp up substantially as subsequent investments are made assuming they now converge in the hot tech/internet areas. Once the company starts to unfold its cards in the next round we should have a good idea of the level of excitement and that will tell the story.
Regards
C
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