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

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To: Davy Crockett who wrote (4849)10/24/2000 9:30:13 PM
From: CF Rebel  Read Replies (1) of 5053
 
What can you say? ITE's been a case of bad timing. medsite, as of summer of '99 was supposed to go public in the 4th quarter of that year. Could've raised lots of capital but timed the dotcom collapse perfectly. So zip was accomplished there. Wonder what they're up to today...

Remember how ITE's (then Jordex') purchase of Enviromation was received with dropped jaws and nausea about it not being a dotcom? Why, it was a REAL business and there was no glamour in that! Wouldn't be surprised if this gets their greatest return on investment someday.

Then there's Elastic with it's Just-In-Time IPO. They barely got the capital they wanted. Just under the wire as this sector collapsed. Price really doesn't matter right now as long as they execute. Again, bad timing from an ITE perspective.

Here's some reading material while we're twiddling our thumbs waiting for the next bull to be born (has it even been conceived yet?). See James Cramer's pessimistic view on dotcoms and the internet:

fortune.com

CF Rebel
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