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Microcap & Penny Stocks : ITEC classic turnaround with Internet twist -- Ignore unavailable to you. Want to Upgrade?

To: avanti77 who wrote (255)	7/9/1999 8:27:00 AM
From: im a survivor	Read Replies (1) \| Respond to of 431

<<I used to follow your posts on the AOL thread, as you seem like a straight shooter. (I haven't re-entered my AOL position yet, as I got busy putting money elsewhere) ITEC has come across my radar a few times now. Just curious to know if you've taken a long position here, and if not, what specific signals would motivate you to do so? Thanks in advance.>> Actually, yes I did take out a position. Funny that you mention it...I played this awhile back and thought it had great potential. Then I wen't to the sidelines during the flat period to wait and see if the Co. would get it together. As little as a month ago, I was still fairly down on ITEC. I always thought they had the potential, but things just didn't look appealing to me. My, how things can change in a hurry ! Between the 2nd and last week in June, the DD started looking excellent. It really bagen to look like the company was fixing to turn the corner. News, volume, institutions all of a sudden taking a peek and etc, etc....sure enough, they kept the excellent news coming, and all things looked as good as they ever had for this company. I picked some up at about .75 cents or so and about $1, and will keep buying as loong as things keep looking as good as they do. There are no guarantee's of course in any investement, but this is a $1 stock listed on the Naz, in a huge and quickly growing field, with lots and lots of new business, sound financing and a good management team. As I said, I am buying and think the company has turned the corner and has very good times ahead...buy at your own risk please, and always do your own DD...don't listen to me or anybody else....always listen to yourself...have a great day.....KG

To: avanti77 who wrote (255)	7/9/1999 8:36:00 AM
From: im a survivor	Read Replies (1) \| Respond to of 431

PS -- <<I used to follow your posts on the AOL thread, as you seem like a straight shooter. (I haven't re-entered my AOL position yet, as I got busy putting money elsewhere) >> Ouch...I tell you what, I never sell my core holding in AOL. In fact, I was buying it up from $110 down to $90. It's funny, when most people were having heart attacks during the big drop, I was actually very pleased. Bottom line is AOL is the best quality internet stock to own for the long term. The internet hasn't even scratched the surface yet...AOL will always be a leader. Anytime you are talking long term quality, you should hope for downside to create buying opportunities. As a large shareholder of AOL, naturally I was upset at a drop from $175 down to $90, but the loss is only on paper. I was able to scoop up more shares at a very discounted price...a year from now, I will look back and be thankful the drop happened, as will most smart and prudent investors. The one's that will be kicking themselves unfortunately, will be the one's that got scared out of their shares. As I said, if you are talking quality, there is is no reason to sell in a " market correction ", and in fact it is the best time to prosper and make excellent $$'s by buying up the cheaper shares. Have a good one...hope you get back in soon KG ( sorry for the OT post here on ITEC )