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


To: keith massey who wrote (835)8/26/1999 4:32:00 AM
From: Condor  Respond to of 5053
 
FWIW
Keith, I have been involved with IDTC and its spinoff NTOP IPO for 6 months now. There was much controversy over NTOPs IPO issued at $ 15 as overvalued, and 4 weeks later its trading at $ 70.
The reason I bring this up, is that when I saw your earlier musings about medsite.com possibly ?? doing $ 50. I scoffed. Since Medsite.com is obviously in favour and not controversial, I have come to realize that indeed you may easily be right with your plucked from the air $ 50. for medsite.com IPO
I can easily see the 1.5 mil PP investment by JDX in Medsite.com being parlayed into 10 mm. (whats your reaction to this # ?)
I am REALLY looking forward to this IPO and hope that medsite.com people do a good job on the roadshow prior to the IPO. Do you know what exchange they plan to trade the new IPO on ???
Regards......C



To: keith massey who wrote (835)8/26/1999 8:08:00 AM
From: Stuart Carmichael  Read Replies (1) | Respond to of 5053
 
What piece of Medsite do they get for $1.5 million. It was a strategic, early investment, and i heard that there is some mutual benefit going on between the two co's. Maybe they got 3.0% of Medsite. At $10 million revenue, the market cap would be $500 mill to one billion (look at the existing .com stocks, are they all overvalued, how do you attach a price).

Take a value of $30 mill.
This stock cash value will be $1.50.