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

To: keith massey who wrote (2678)	11/27/1999 10:31:00 PM
From: Far Side	Read Replies (1) \| Respond to of 5053

Off topic Keith, I'm starting to get the opinion that you are a bit of a night hawk. Thanks for all the great work Jim

To: keith massey who wrote (2678)	11/27/1999 11:00:00 PM
From: knight	Respond to of 5053

Keith, I don't understand why Bunka would not have received the official release from Jim Graham which outlined both the enviromation deal AND the fund alliances. If Bunka had written up Jordex as a buy previously, it would seem only prudent to be on the Jordex email list. In the very least, Jim, as the IR rep, should be in close contact with any newsletter publisher that covers Jordex to keep them up to speed with the companys' developments.

To: keith massey who wrote (2678)	11/27/1999 11:56:00 PM
From: CF Rebel	Read Replies (2) \| Respond to of 5053

Keith, I'm amazed that a newsletter writer getting that kind of money can be so out-of-the-loop. He had just over 23 hours between the Argentum/MFPC release and the market opening on Tuesday to catch the news. It's pretty obvious he doesn't even look at this thread. Can Bunka spell F-I-D-U-C-I-A-R-Y D-U-T-Y? Geeze, Keith..."I was sick to my stomach." I know how that feels from past adventures but my reaction was different, though not in real time. I was out of town all day Monday and when I got home I saw "255 new messages" awaiting on Jordex (and it wasn't on SI's Hot List?). And it was down? When I saw the first release I said, "What???" Kind of odd, but I figured management must have some kind of angle here. They haven't been patient and with good reputations for no reason, I reasoned. Still, I didn't like the fact that no terms were announced. That was the only thing that really bothered me. The second release was good. Sorry if I don't seem excited like Condor :) but that's my nature - always looking further down the road. We've a long way to go. So relax, Keith. Give these guys the trust I know you did excepting those 5 minutes or so between releases and get used to being a long-hauler. It's much easier on the stomach. CF Rebel

To: keith massey who wrote (2678)	11/28/1999 1:21:00 AM
From: Keith Minler	Read Replies (2) \| Respond to of 5053

Hi Keith; I think that there are more than a few reasons for the poor response to the news releases. I think that we need to take a broader perspective. 1)The flavour of the month is wireless technology, look at EWD up from below a buck in the summer to $7.10, with almost no news releases, one deal, one financing and I think only one alliance. Remember last year when bid.com was the flavour and everyone was hoping the hysteria would spill over onto there favourite stocks? And it didn't!! 2)The announcements meant the end to the possibility of a .com deal. I personally, and I think many others; were attracted to this play by the promise of a .com deal. Best case scenario now, is more medsite type deals. The medsite deal is likely very lucrative but we end up with what; 1% of the company (Yes, thats only my guess). The amazing valuations put on some internet companies; such as Amazon.com is based on the market perception that they not only dominate a market niche but that they OWN that market; in much the same way that Microslop owns the O/S market. Clearly Jordex does not have a chance at buying that kind of dominance. Yes, I know, people have been saying that we can be the next CMGI, but they laid the groundwork for their success years ago; before anyone placed any value on internet start-ups. 3)Since none of the announcements were final, my take, and I think that of many others is that there will not be a rash of deals announced until these are finalized. Which means potential buyers waiting for JDX to launch felt they had time before committing. 4)As the week progressed it became apparent that the launch had failed and this means it will be awhile before a financing can be done. Teevee commented that they could always raise money but it is obviously much better (for us existing shareholders)to be doing a financing at five dollars a share than one. And they do need more seed capital to be taken seriously. 5)The confusing NR's didn't help. But the market has had an entire week to get up to speed. I personally had all the releases read to me over the phone by about 10:30 Monday morning by my broker at Nesbitt, which means nearly anyone who cared (Bunka excepted!!!) had access to the news. My reaction at that time was much like yours; oh no, and then well-- thats not too bad. On reflection (At least two minutes worth); I realized that we are looking at building a venture capital/holding company and that this would be a much slower road to riches than a .com deal. I am still totally long, still optimistic that Civelli and friends will run this thing to double digits. Might just take awhile. I have run on at some length because I think there may be a bit of a panic come Monday, as you know the candlestick chart for Friday showed a Doji, which coupled with declining volume for the end of the week is generally considered a signal for a change in trend, in this case likely drifting down or sideways. I think there will be a buying opportunity for those of strong convictions and courage. As always thanks for your DD and bringing the Bunka story to light, another interesting fact to digest. I look forward to reading his update. Later Keith Minler PS. Speaking of newsletters if anyone out there subscribes to Neil Maedel, be on the lookout for a recommendation on Jordex, When they ran Napier from $0.20 to $4.80 Maedel came out with a key buy recommendation which pushed the stock from $2.50 to the top. He is based in Switzerland and I am sure part of Civelli's European connection.

To: keith massey who wrote (2678)	11/29/1999 1:25:00 PM
From: C Bunka	Read Replies (5) \| Respond to of 5053

You should lighten up. The only part of my November 23 article that you did NOT post was my copyright notice. You were out-of-line to post copyrighted material at SI without getting approval to do so. FWIW, I bet most investors rely on one or two data services. So do I. If a stock is moving and there is no news then I talk to management. When my data service provides me with a news release then I have no need to call management - and contrary to what many people believe, newsletter editors (at least this one) do NOT get "extra" information when talking to management. If anything, management sugar-coats stuff even more for newsletter editors than they do for the rest of you. My primary duty is to provide accurate information to my paying subscribers. Remember: I reviewed JDX at $0.48 and suggested taking some money off the table at $1.29! THIS makes me a lousy analyst?? And yes, as soon as additional news was delivered to me I issued another tracker to my subscribers. AND, I called management to find out why the screw-up in news releases. AND, in my tracker, I explained to subscribers that in some respects "I stand corrected". Finally, last week was a particularly "bad" one for JDX to muff up its news dissemination: I was also busy dealing with Wi-Lan WIN(Up from $8.00 when I reviewed it in my weekly Radio commentary to the mid $40's now); with Perle PL (up from our review price of $2.00 to $8.00); and with Waverider WAVC (Tripled in the last four days). Sorry I don't have time to read your critiques of me in a more timely fashion...