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

To: David Fedorkiw who wrote (4115)	2/17/2000 11:58:00 PM
From: Chad Barrett	Read Replies (1) \| Respond to of 5053

JDX had a gap to fill in its chart... it filled it...

To: David Fedorkiw who wrote (4115)	2/18/2000 12:08:00 AM
From: keith massey	Read Replies (1) \| Respond to of 5053

I might as well be the first one to do the math since I am the threadmaster<ggg> I know someone will pull out the exact number but I sure couldn't find it and I know everyone wants to know. Medsite.com has 34,207,166 shares out We already know that JDX has 200,000 shares After JDX invested and got their 200,000, Medsite.com raised $55.7 million at what looks like $5.50 a share. This means when JDX got their 200,000 shares there were approximately 24 million shares outstanding... close to my initial estimate. So JDX has 200,000/24,000,000 = .8% of Medsite.com (which is the same number the other Keith came up with) Medsite is raising $100 million which means probably another 7 million shares issued. This brings JDX's cut to about .7% (around 280,000 shares out of the approximately 40 million shares outstanding). Not as high as the 1% I had estimated but close. Best Regards KEITH