T.ITE: iTech Capital (TSE) Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Condor who wrote (4930)	3/25/2001 8:24:59 PM
From: knight	Read Replies (1) of 5053

..at this stage i want to see the money...medsite has raised over $US80mm..jordie has $2.6mm tied up..where is the payback? At some point in time the company has to start to show a return on its' investments..the remaining cash will only last so long. I don't see a turnaround in the tech sector any time soon. I know about Loma and it's good to see this may pay off for jordie from the old days. Not a SH at present (thankfully) but if the stock continues to slide, might just get back in @ the low to mid teens. The company is in hibernation by its' own admission: "Given the recent market turbulence, iTech intends (subject to meeting its Ironside funding commitment) to preserve its cash until the markets stabilize." I don't know what is meant by "stabilize" but if they wait for a "turnaround" it could be awhile. Anyone going to the AGM in April?

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next