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


To: Rob Davis who wrote (4428)3/14/2000 8:04:00 PM
From: Rob Davis  Read Replies (1) | Respond to of 5053
 
Here is Jim Graham's reply to an email that was posted over on Stockhouse (bolding done by me:

Anthony,
News is being released to the wire services regarding the approvals of the special meeting as I type. I will e-mail the release to you in about 45 minutes. The new symbol (ITE) will be effective tomorrow.
The weakness in the share price can be attributed to two areas: the recent weakness in tech stocks in general (NASDAQ down 200 points today), and margin tightening on Internet stocks in Canada which has been a hot item in the press lately. Stocks trading in Canada in the $3 to $6 dollar price range have been hit hard.

The interest in iTech will grow as we get the story out, and believe me we will shortly.

Thank you for your continued support.

Sincerely,

Jim Graham