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

To: Crazy Canuck who wrote (1464)	11/5/1999 1:03:00 PM
From: John Powell	Read Replies (1) \| Respond to of 5053

Nicholas Necroponti from MIT does an excellent job of opening up the possibilities of the coming advances we will all enjoy in the near future. It was interesting that you brought up Nicholas Negroponte, I was actually just talking to a colleague yesterday about the incredible volume of cash Pattie Maes and colleagues at the Media Lab made selling Firefly to Microsoft last year. Right place, right time, bang. Hoping for a little of that myself :) JP

To: Crazy Canuck who wrote (1464)	11/5/1999 1:47:00 PM
From: Claude Cormier	Read Replies (2) \| Respond to of 5053

<<I beg to differ (in part) with your blanket statements about the bubble being ready to burst, and stock are overvalued. >> Well IO think that most will agree that the average stock is overvalued based on standard valuation techniques. But I didn't mean to say that the bubble would burst next week. We could still be 12-18 months away... the higher we go the closer we get to the big kakuna. <<However, I suggest that there are some great small to mid sized cap which could also be classified as nothing short of grossly undervalued.>> Sure there are... but give me a few names..I am having trouble finding them in this market. <<And, I am confident that investors will be willing to pay a hefty premium to own them in their portfolios.>> For now they are... but everything is a question of market confidence. We never know what event will cause the bubble to end and the premiums to erode. What happened to many recent IPO's like Sycamore (SMCR I think) is not mormal and due only to the frenzy and complacency of investors. The business model of many of these companies are just great and they will be successful.... but their stock may not duplicate the performance of recent offerings. In the mean time... let's buy Jordex!