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


To: bargainman who wrote (1549)11/7/1999 4:07:00 AM
From: WhatsUpWithThat  Respond to of 5053
 
all of the rambling, gushing hype

It seems you don't read very carefully. There are three types of posts here, primarily: those with information derived from research to support the poster's conviction that this stock will do well, those from investors who have held for some time and are still convinced the future is brighter for them than even the recent run, and those that are simply enjoying the fact this stock has had a nice rise in the past few weeks.

This hasn't been a typical Yahoo thread full of hype, "JDX TO THE MOON!!!!!!!!" and the useless, casual vitriol that those who *don't* believe in the stock post.

If you have information or analysis that runs counter to what's been posted, discuss it in a reasonable, rational manner. Don't just try to stir the pot for the fun of seeing the reaction.

For example:

not one mention of anyone involved in the company that knows a fig about the internet

But OTOH, these are people who seem to have done very well knowing how to pick businesses to seed and nourish. It could be argued fairly convincingly that these people have demonstrated they are adept at picking businesses that have a strong business model, good management, and a good niche in the market (Medsite.com appears to be one of those, don't you think? Many business publications do.)

How many of those insider shares are at .10, .15 and .20 cents per share? And when do they get to dump them?

You can certainly see how many *aren't* at .10, .15 and .20; did you read Keith's posts? There are a lot of shares that were purchased at much higher prices than that! As for dumping, note the point made that Hinchcliff didn't sell any shares even as the price rose through $4 in 1997.

In the end, it comes down to this: invest, or don't. If you don't believe in the company and its plans, its management and future, don't invest - you'd be foolish to.

WUWT



To: bargainman who wrote (1549)11/7/1999 8:50:00 AM
From: Condor  Read Replies (2) | Respond to of 5053
 
OUCH!
I think there will be considerable support through Nov. awaiting the S1 and announcements.It will then depend on what they ( management ) come up with.
They may pleasantly surprise us with deals more intriguing than even we expect. They will have to, to combat the P&D aura that outsiders will promote to try to denigrate the stock.
Many potential investors will hold off until they feel confident that there is substance to this.Then the naysayers will be disregarded. Basically it will be a "Where's the beef?" situation. Many of us feel there is substantial "beef" here and Keith and his DD will be proven correct. One things for sure, Keith is informed and knowledgable as opposed to the knee jerk unsubstantiated irrationality of some of these critics. Until proven otherwise I'm long and staying. Theres too much potential here to dismiss with a wave of the hand. We'll all soon know.
Regards
C



To: bargainman who wrote (1549)11/7/1999 12:09:00 PM
From: Claude Cormier  Respond to of 5053
 
Life is such that there are always two sides to a coin. And it is normal that it also happens with Jordex.

It certainly make sense that some investors disagree with the expectations of the majority. After all, Jordex, although it made a promising first Internet deal, has yet to demonstrated that it will become a major play in this market sector and maker money for its shareholders.

But what is somewhat ridiculous is for some detractors to insinuate that this company is another Bre-X or a new pump and dump operation. They don't realize that Jordex has a strong record. They have proven over the last 10 years to be good management and always act for the benefit of their shareholders (I know it because I followed this company in those years and invested in it). The new people that came on board since the change of direction in the company business, appears to have everything to complement the already excellent businees expertise demonstrated by previous management.

In other words, before making ridiculous claims, I suggest you investigate further and try to understand who are these people.




To: bargainman who wrote (1549)11/7/1999 12:47:00 PM
From: keith massey  Read Replies (1) | Respond to of 5053
 
Bargainman

How can you even hint at a comparison between this Canadian shell company and CMGI?

I have never said that JDX is CMGI or ICGE. When CMGI was .33 five years ago do you think they had the support staff, deal flow and number of companies they have now - No. I am just doing a comparison to the business model and what type potential may lie in that type of model.

In all of the rambling, gushing hype on this board about Jordex there is not one mention of anyone involved in the company that knows a fig about the internet.

I would fully expect either support staff or partner companies who have a area of expertise of running specific types of internet and telecommunication companies to be brought on board. This is how companies develop and mature. I believe the current management has the business expertise to find the deals and then bring on board the right people needed to support those deals as the companies grow.

They may well have put up a measley $1.5 million in seed money for this medical web site, but that doesn't mean the ordinary shareholder is going to make any money.

It might be a flowery comparison but when CMGI bought $2 million in shares of Lycos in 1995 where you on SI board saying the same thing?

How many of those insider shares are at .10, .15 and .20 cents per share? And when do they get to dump them?

Since you ended that sentence with a question mark I will answer you. None of the insiders or anyone else for that matter (e.g Zurich mailbox) owns really cheap shares, options or warrents. The average price for all insiders shares is ~.65-$1 and none of these shares where purchased below ~.45. Of the ~4 million options outstanding the majority of them are out of the money even at the current price and the cheapest options are ones for .48 (currently owned by Mr. Staudt). In addition, in the history of JDX the management has never repriced options. There are no warrents outstanding. From 1990-1998 the shares never dipped below .55 and JDX has never issued cheap options so nobody accumulated a bunch of cheap shares years ago and is now waiting for a period to dump.

From your cynical post I am guessing you have been around the penny game for a while. If so you would know that insiders and connected hands are normally looking for large multiples on their investments and not just 30%.

And by the way....they haven't started promoting the company yet.

Best Regards
KEITH