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

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To: Tony MacLeod who wrote ()3/17/2000 9:29:00 PM
From: Michael Brandon  Read Replies (1) of 5053
 
Well, things have certainly been interesting lately. This company is building a strong foundation of initial investments. My guess (nothing quantitative to back this up) is that Elastic Networks may ultimately be more valuable than the Medsite stake.

The US markets are behaving erratically with money pouring from the NASDAQ into the DOW, and vice-versa, depending on the sentiment of the week. Corrections are understandable, but this seems pretty weird to me. Hopefully, investors won't start exiting into bonds, cash, treasuries, or gold anytime soon.

Is anyone else concerned about iTech's lack of self promotion? What are they waiting for - more financing? Hopefully, there will be some kind of promotional outreach between now and the Medsite IPO.

.....still holding and considering the advisability of not looking at the stock price for 2 years. -Mike-
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