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

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To: Mr. Oil who wrote (4446)3/16/2000 8:16:00 AM
From: Condor  Read Replies (2) of 5053
 
'Wireless' is far from mature and will undoubtedly draw attention from the market in due course.
That is a huge understatement. The wireless revolution is is going to be huge and is evolving very quickly. I can't think of any large tech co. that isn't targetting wireless as the way of the future.
Lost in the commotion of the last few days turbulent markets were the announcements from our incubator companys Bizfon, Elastic Networks, ADS. Each in their own right were very significant announcements. The investment in ADS that got entirely lost with the name change etc., market drop etc. has unfortunately been ignored. This is another explosive opportunity that ITE has picked up on. The list of "down the road" payoffs is growing. I have to imagine that at some point institutional investors will review the portfolio of ITE investments and realize this company has nice access to top investments. The earlier work that ITE has done in liasing with MPV and Argentum and the "deal flow" is starting to show up in some nice serious investments.
It is hard to remember that the objective is to "win the war" when we're up to our ears in the daily battle. I feel that ITE offers the same opportunity today that it did when I invested many months ago. They are doing everything right and followed their announced plan to the T.
If I can convince myself to stop fixating on the daily and weekly point run and look at the overall fundamentals and progress of the company, it brings back that comfortable feeling.
While I love daily share price run ups as well as anyone, I am an investor here and not a momo player. Will I be satisfied with my investment in this company one year from now? I'm thinking "absolutely".
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