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

To: Far Side who wrote (3241)	12/17/1999 9:58:00 PM
From: Shack	Respond to of 5053

Jim, I guess the market takes no prisoners. Congrats to those who held, and will continue to hold...I know I will.

To: Far Side who wrote (3241)	12/17/1999 11:00:00 PM
From: gordant	Respond to of 5053

Yes I am a cult member. And yes we understand how the unfortunate who sold at 1.30 may have sighed with relief for they are not the enlightened ones. <gg> You see we heaved a sigh of relief when we saw 1.06 again as it enabled us to reap more shares, and merely grinned as it climbed back to 1.30 for we knew it would. And yes, we supported each other and prevented some from falling into the depths of temptation to sell below 1.15 (all in good humour) gordo

To: Far Side who wrote (3241)	12/18/1999 7:17:00 AM
From: CF Rebel	Read Replies (1) \| Respond to of 5053

Jim, "Is Jordex a winner who we should hold through thick and thin ? I think so but the last 21 days has been very tough." Everyone can stand only so much based on their tolerance for volatility. Personally, I thrive on it only because I understand it. Much is made of the word "risk" and investors' ability to tolerate it. In my experience, the two things there are to ameliorate that factor are knowledge and vision. You have to bring everything you know to the table - world economy, macro trends, business histories, financial numbers, leverage, technology, management, market forces (especially psychological) and yourself. Considering all of this and apply a little vision to the company at hand, and you can decide for yourself whether you're in for a long-term hold. If you don't have the base of knowledge or experience, then there is more risk, real or perceived. IMO, JDX is a no-brainer for a long-term hold. I put two-thirds of my account into it and have no problems with the volatility. Most people don't like a company whose puzzle seems to be missing pieces. You have to intuit how management is approaching that problem. In JDX's case, they show every quality to be desired in assembling that puzzle piece by piece. As each piece falls into place, the market will reward with a higher valuation. In between, the market will provide the usual "corrections." Don't let them run you out of the stock unless something fundamentally wrong has changed at the company. I expect this "cult" to someday become a full-blown religion. I look forward to the first legitimate stock split. Merry Christmas, CF Rebel