SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : T.ITE: iTech Capital (TSE) -- Ignore unavailable to you. Want to Upgrade?


To: AllansAlias who wrote (4480)3/18/2000 8:02:00 AM
From: a-jacal  Respond to of 5053
 
Good morning Allan.

Sorry that you see ITE as a passe resource stock gone internet.

ITE is a mile ahead of resource companies gone internet wannabies.

This company has direction, fantastic alliances, excellent investments already, and a great future.

By the time medsite IPOs and Elastic IPOs you will be singing the blues for getting out.

Good luck in your search for a better investment opportunity.

Mike



To: AllansAlias who wrote (4480)3/18/2000 9:18:00 AM
From: marcos  Read Replies (2) | Respond to of 5053
 
Allan, it's true that there are recently a number of imitators and that the stock has sold off from a pre-name-change burst of interest. Bit early though to write it off entirely, lol. We're no longer a 'resource stock going internet', haven't been for some time in fact. We're a venture capital company in good standing and Staudt's CV remains the same ... well it's been augmented a little by scoring Elastic, i would think ... possibly Applied Data as well, i know no way of gauging that one. It is still imho quite as reasonable as ever to expect at any moment a major deal from ite ... Kaiser said it well when he said 'Expect bigger things from Jordex'. I certainly do. Can't see why they would come this far and then go to sleep. And certainly opportunities abound, technology is not over and done, not everything has been invented and fully developed quite yet.

Fwiw, i also agree with Kaiser when he recommended a partial sell at 3.74 for those who were in at .70 during the summer doldrums ... i got some off at 4.00, it would have been 4.40 that morning if Green Line was competent, but that would be asking too much, lol. The majority of position however i am happy to sit on, as was always the plan, as long as management demonstrates competence and commitment. And a good bit of cash generated from sales is going back in now, at an average of 3.06 or so this week.

Btw, i didn't get my real stinker bids filled yet either ... ;-) ... cheers



To: AllansAlias who wrote (4480)3/18/2000 11:58:00 AM
From: Michael Brandon  Respond to of 5053
 
Allan, thanks for the response. Believe me, I'm not complaining about the appreciation in stock price since November, and admit to some level of greed in hoping that $5 is reached soon.

The point you raise about the number of Internet incubators is a good one, but this company has a strong argument as to why they are better positioned to be successful than most others, as both Marcos and Mike have stated so well. iTech must be planning a communication strategy that will separate them from the pack. My concern is that this needs to be executed soon or they will be lost (at least temporarily) in the crowd.

Congratulations on your successful investments - that's great and I hope everyone is successful no matter what strategy they choose. -Mike-



To: AllansAlias who wrote (4480)3/22/2000 12:31:00 AM
From: Riverlightning  Read Replies (1) | Respond to of 5053
 
There may well be a lot of incubators out there. I think ITE is sitting on some of the best eggs. With all the good stuff and the Medsite IPO fast approaching I am surprised that it was dropped from a $4 peak to $2.70. However, I suspect it is a temporary pullback to be followed by a stronger run up. Comments?