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Gold/Mining/Energy : InfoInterActive Inc (IIA-ASE)

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To: Speirs, Robert who started this subject8/25/2000 8:30:40 AM
From: Gabe Heti   of 1622
 
From the Globe & Mail's Report on Business

Two venture capitalists and what they are buying.

Tom Kusumoto of Mercury Parnters and Co. Inc.

BUY: "Much like pickaxe suppliers during gold rushes, companies that provide infrastructure for e-commerce companies are desirable. Wireless phone application service providers (ASPs), program-like services that sit atop other programs and browsers.

PASS: E-commerce portals such as Amazon or Chapters are tough models for anyone who wants to finance right now."

Cindy Gordon of XDL Intervest Caital Corp.

"BUY: Anyone who has the firstmover advantage, such as those firms coming out of the gate on ASPs or wireless apps.

PASS: Anyone with fuzzy or unpredictable profitability targets. If you can't be assured of revenue and profitability in the first three years, then we're more likely to give it a pass."

IIA seems to fit the "BUY" bill.
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