T.ITE: iTech Capital (TSE) Message Board

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

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To: knight who wrote (4944)	3/30/2001 6:47:27 AM
From: Condor	Read Replies (1) of 5053

ITE has around $6mm in cash but they have stated they will be sitting on cash in order to "last out" the markets. I see they put more money into medsite.com and I don't believe it was released as a news release. I'm afraid it may have been pumped in to help it survive. Not a nice prospect if I'm right. This latest warning by Elas was very discouraging, a couple of previous press releases by Elas were positive items so this was a complete deflator. I'm afeared we've got a long miserable uphill battle here. C

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