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


To: The Barracuda™ who wrote (3084)12/11/1999 11:51:00 AM
From: keith massey  Read Replies (1) | Respond to of 5053
 
Robert

We know how many shares the companies holds (200,000 Class B Preferred) and have a rough idea of the number of shares out on Medsite.com... so I guess you can make an educated guess to within a couple of percent.

For reference....

Drugstore.com (DSCM) - 43.4 million shares out
– current price $50 ($75Cdn), high of $70 ($105Cdn)
Market Capital - $2.1 Billion U.S (peaked $3 Billion)

Healtheon Corporation (HLTH)- 146.8 million shares out
– current price $46 ($69 Cdn), high of $126 ($189 Cdn)
Market Capitalization - $6.8 Billion U.S (peaked over $10 Billion)

It is unknown at this time by anyone what price Medsite.com will climb to, but by any reasonable estimate, Jordex should make several multiples of their initial investment on this deal.

Best Regards
KEITH