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Nickels, as in $5K each <gg>? I admire everyone who sold near the last top and are in a position to reclaim positions near the current prices. There are a lot of people in this position....at least several who have unloaded, not as many who have reclaimed of late. But, this whole thing still looks positive to me long-term...a winnowing process where tech companies with a focus on B2B, system integration products, IT security, communications infrastructure, B2B enablement, and Internet innovation will do quite well after market adjustments. I'm glad to see that everyone didn't abandon ship when the waters got choppy. This storm will blow over, junk will be tossed and valuable cargo will quickly increase in value. IMHO, iTech will emerge in great shape, but it may take some time. There's one underlying reality to this situation, the move to the internet and e-culture is inevitable - it's happening despite "conventional" investment wisdom. iTech's job is to recognize companies with a future and get access to them. They're doing that, but they must be searching to constantly increase their opportunity base. Nothing is certain with Medsite, other than iTech will make some money. Elastic will be a big winner. The next series of announcements will tell us what's in store for the next 6 to 18 months. My fingers are crossed short-term, long-term this company has a probability of high return as long as they passionately pursue their strategic objectives. |
