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

To: Condor who wrote (4550)	3/25/2000 10:51:00 AM
From: mr. campbell	Read Replies (1) \| Respond to of 5053

RE: Elastic... Condour. Not only is this a busy company but they are sure in the right place at the right time. We really don't know how the .com's will fare in the long run as they're such a recent industry, however here is Elastic a good old hardware/ software company. Wow, do they have the perfectly timed product or what!!! This company has the right connections (Nortel, BCE, Everest Broadband Systems, US Online, etc...), and strong ownership (Nortel). Just last week they were talking about Nortel on the R.O.B Report and how it fares on the US Markets. It used to be U.S. tech funds would make it necessary to hold a certain amount of Cisco. Now they were saying it's necessary to hold a certain amount of Nortel and Cisco. Nortel is just starting to get some major play in the US and they were suggesting it was undervalued. Elastic is holding hands with Nortel and when the IPO presents itself we may have a monster on our hands. Although I have no clue what percentage Itech holds of Elastic. I'm sure we will see a nice return on investment. I think it will benefit Itech more so than Medsite. Not that Medsite isn't a great investment. rob...