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

To: David Raine who wrote (907)	9/16/1999 12:35:00 AM
From: keith massey	Read Replies (1) \| Respond to of 5053

David... This is very good news.... Gregory W. Scott built Prudential from the ground up and recently sold the company for $1 billion. From everything I can find on the net it appears that Mr. Scott has some serious ties in the health field and now Medsite.com has him... On another note: I called Medsite's to see why the S1's have not been posted to Edgar yet. The CFO told me that Medsite is going to announce a major acquisition in the next month and can't file the S1's until after the deal is done (SEC rules). If they would have filed the S1's last month they would either have had to wait until after the IPO to do the acquisition or would have had to re-filed the S1's after the acquisition was done. They decided to wait a few weeks to file the S1's instead of delaying the acquisition. He said this acquisition would "significantly enhance the value of Medsite.com"... Unless the market does a complete nose dive I can smell a billion market cap. coming for Medsite.com... HARTFORD, CT, AUGUST 6, 1999 – Aetna (NYSE: AET) today announced that it has completed its acquisition of Prudential HealthCare for approximately $1 billion, making Aetna the country's largest provider of health benefits, with more than 21 million members, and adding to its position as the nation's leading managed care company, with more than 18 million managed care members. The company also will be a leading provider of dental benefits, with approximately 16 million members. Best Regards KEITH