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

To: SwampDogg who wrote (2301)	11/22/1999 4:42:00 PM
From: marcos	Read Replies (2) \| Respond to of 5053

Way too much kneejerk sell-the-news-no-matter-what, imho. A veddy Canehjun response. You should frame those 1.25s from this morning, fuddle. I think people will be actually reading and beginning to comprehend the news tonight.

To: SwampDogg who wrote (2301)	11/22/1999 5:01:00 PM
From: Kevin Hamlin	Read Replies (4) \| Respond to of 5053

I am now out of JDX for the time being. Here are my thoughts: 1) I wasn't too crazy about that opening....in fact it bugged me quite a bit. As they say, "don't argue with the market". Well the market wasn't exactly going too crazy about the releases. 2) Mid day, the market picked up nicely and it looked like the $1.40 level was finally broken and could now act as support. It didn't. Once JDX broke back down below $1.40, it never really went back with any strength to retest it. 3) Unless JDX now has more releases to go, I couldn't say any valid reasons to myself as to what would sustain the price at this level at this time. (Lots of times I do try and make a few good good ones up to try and convince myself though!") "Mystery and/or anticipation" has the capacity to fuel buying. News, once released is an event "said and done", hence the oft heard phrases "sell on news", or "buy on mystery, sell on history". 4) I think Medsite is already factored into the current price of JDX, so I was really looking for the news releases to give tangible evidence of further profit. Although the news of riding the coat tails of some of the big v.c's is nice, it may be some time before this translates into actual deals with actual dollars attached. This may be satisfactory for some with a long range perspective. For myself, I'm just not built to be that patient a person! So right or wrong, this was my personal best decision at this moment. Should something come along that causes me to reconsider these thoughts mentioned above, I'll certainly come back in, and at a higher price if warranted. I may also come back in if the price moves down from here to more attractive levels given my own interpretation of the news and the market's somewhat bland response today. Best wishes everyone. My one wish from here is that I'm right out to lunch on my reasons to sell and that those who continue to hold do very very well as the price hopefully climbs further still! Regards, Kevin