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

To: Sylvia Dupuis who wrote (1167)	10/18/1999 9:52:00 PM
From: Rob Davis	Respond to of 5053

<Flagrant hyping ON> The main similarity that I see between GEM and JDX is that in less than a week GEM increased 30-fold. <Flagrant hyping OFF> Seriously, I'm not really sure that you can compare them. Yes, they are both miners looking for/found high-tech, but the big difference is the number of shares outstanding and the amount of $$$ that they had when they began to look for a deal. Just my thoughts...I'm sure someone else will add theirs. Cheers, Rob

To: Sylvia Dupuis who wrote (1167)	10/18/1999 10:22:00 PM
From: keith massey	Respond to of 5053

Sylvia The main similarity between GEM and JDX is that insiders and friendly hands both owned a ton of shares in both companies had a lot to gain by running up the price huge. As Rob already mentioned, in the case of GEM they ran it up 30-fold, JDX has not seen their run yet. However I think that is where the similarities end. GEM was a hyped up, overpriced shell with a questionable business plan. As you can tell I am not a fan of GEM but if you check the original GEM thread you will find out that I actually owned the stock at .03 about 5 months before the run but I sold way too soon. JDX has something like 1/6 the number of shares out as GEM and I think they have something like 20 times the cash GEM had before they did their run. In addition the individuals behind JDX have long and successfully track records in the business world. JDX is a semi-shell soon to become a quality company....GEM looks to be a classic pump and dump. The Medsite.com deal done by JDX alone is larger than the deals done by most of the mining shells. Of note: GEM at the high of its run ($1.13) had a market cap around $130 million. At a similar market cap JDX would be worth $4.50. Best Regards KEITH