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

To: teevee who wrote (3682)	1/8/2000 10:10:00 AM
From: marcos	Read Replies (1) \| Respond to of 5053

"For a company with a $48 billion market value, Internet Capital's actual investments are astonishingly small. Through the middle of December, the firm had put $331 million into what it calls "partner" companies. The individual investments have often been quite modest -- about $7 million, on average -- to buy stakes averaging about 30%. And even if each investment rises a stunning 100-fold, the value of the company's investments would total around $33 billion (100 times $331 million), or $120 a share, appreciably below the current market price. This very generous calculation doesn't even factor in corporate taxes that likely would be due on the monetization of any investment." Message 12508557 Evaluation is a relative thing, eh ..... teevee, i noticed that wall there all day at 1.45, 25 point something k, right ... made me think of that Bruce Cockburn song, 'if i had a rocket launcher', only in the warhead there was 40k Cdn -g-