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


To: Rob Davis who wrote (2539)11/24/1999 11:42:00 AM
From: John Powell  Respond to of 5053
 
this was brought up a few days ago in the light of insiders as opposed to general shareholders if I remember correctly, there didn't seem to be any consensus (there rarely is here :)



To: Rob Davis who wrote (2539)11/24/1999 11:55:00 AM
From: keith massey  Read Replies (1) | Respond to of 5053
 
Rob

SFE on NY lets their shareholders take down chunks of IPO's in companies they invest in. SFE is a huge company ($4 Bill. market cap.) and recently let shareholders take down shares of ICGE. Although this would be amazing/great/incredible/extraordinary to see for JDX I don't think it will happen until JDX is a lot larger. It would be very difficult for a smaller company to let shareholders get in on IPO's. In fact I can't think of any smaller companies that do this and normally only larger companies can pull this off. If I remember correctly management said they would explore this possibility down the road but it is not in the immediate business strategy.

You know I hate raining on parades but I really want this thread to stay on course with all the facts. The facts are just fine right now. One thing to keep in mind....it might not take very long for JDX to be "a large company" <ggg>

Edit: I for forgot to add: 3 purchases so far today.

Best Regards
KEITH