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Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?

To: David Raine who wrote (767)	8/11/1999 4:50:00 PM
From: Claude Cormier	Respond to of 5053

Doesn't look good at all... Especially that many think market conditions will get a lot worse in the months ahead. Well, we may have to see JDX trade at a discount to cash again... But I think I like it better this way. They will be in a position to get a lot more for their millions if the market goes down into a correction. OTOH, if we get a real bear and gold/silver continue on their way, I'll regret they ever left the mining sector.

To: David Raine who wrote (767)	8/14/1999 12:49:00 PM
From: keith massey	Respond to of 5053

David Aug 11, 1999....Medscape.com (NOT MEDSITE.COM), a provider of authoritative health and medical information on the Internet, said today that it is postponing its planned initial public offering I called Medsite.com's IR person and they said they still intend to do the IPO this fall (no specific date was given). The NASDAQ has been looking brutal lately (down 10% in the last couple of weeks). However the "good" IPO's with fundamentals still seem to by flying right out of the gate. For example, Red Hat hit $90 yesterday on the third day after the IPO. If you read up on Medscape.com and many of the other medical internet sites you will find that they mostly offer free information (journal and original articles) and not much else. With no real product to offer I wouldn't want to be selling in this market either. Medsite.com on the other hand is in the sales business. 1. Top seller of medical books on the internet. They also provides books on other topics (e.g. Investing) 2. In the loan business - provides equipment leasing and commercial finance to hospitals (big bucks!). 3. Sells 1000's of different types of medical tools...also sells medical software programs and onlne journal tracking services 5. Announced that they are getting into the online education business 6. To top all this off they just said they are starting PharmaDirect which is link to the drug companies Recently posted on Medsite.com's web page medsite.com ....confidently looking forward to an IPO in the fourth quarter of 1999 and to about $50 million in revenues by 2000. Jain said confidently, “If, by chance, the market forces change tomorrow, the group's e-commerce strategies are so flexible, they will clearly be in a position to alter their course of direction to continue to support the medical community.” I will repeat - $50 million in revenues this year for an internet company and they haven't even introduced their new services!!!! When this IPO comes out it will fly and JDX will make a killing on their investment. If for some unseen reason it gets delayed for a few month..... who cares, in the long run JDX should get a huge boost to their treasure and stock price... it just means we have to be a little more patient. Best Regards KEITH

To: David Raine who wrote (767)	9/6/1999 6:14:00 PM
From: David Raine	Read Replies (1) \| Respond to of 5053

I just noticed the following blurb about Medscape.com (not the JDX investment Medsite.com, but a similar idea) on CNNfn. Medscape had previously announced a postponement of their IPO. If they are, in fact, about to go public, it will be interesting to see how the market reacts, perhaps we can expect a similar reaction when our Medsite.com goes public? David Raine Vancouver September 06, 1999: 4:34 p.m. ET NEW YORK (CNNfn) - Dueling doctors take to the IPO market this week as two medical Web sites plan to go public. Medscape Inc., "MSCP," is scheduled to issue 5.4 million shares in the $11 to $13 price range. AmericasDoctor.com, "AMDR," meanwhile is slated to raise $60 million in its debut.