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Gold/Mining/Energy : T.ITE: iTech Capital (TSE)
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To: ralfph who wrote (4774)9/2/2000 11:49:03 AM
From: Nick Morvay  Read Replies (2) of 5053
 
An interesting small blurb in August edition of ComputerWorld magazine that I've reproduced here. I couldn't find a link to it on their site. This speaks well for ITEs technology investments:

"VCs still smitten with dot-coms

Venture capitalist (VCs) are still enamoured of technology companies in general and dot-com companies in particular, despite a rocky year on Wall Street. From 1997 to 1999, VC investments rose from US$11.5 to US$35.6 billion, and investments this year have already surpassed that mark, according to the Money Tree National Survey conducted by New York-based PricewaterhouseCoopers LLP.

The study revealed that of those investments, technology companies received 95 per cent of all funding in the second quarter of this year."
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