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

To: Crazy Canuck who wrote (4606)	4/8/2000 10:34:00 AM
From: Michael Brandon	Read Replies (1) \| Respond to of 5053

Interesting weeks ahead for sure. I think many folks have discounted Medsite's IPO due to weakness in the on-line health care sector ("Koop" poop and NASDAQ gyrations). This is such a huge market in the US, 14% of a $7 trillion economy, that it demands attention. Yesterday's announcement that Healtheon/WebMD directors will purchase $220 million of their stock on the open market may boost investor confidence as well. Also, the health care mutual funds were strong performers this week, which may bode well for the short-term. Medsite has a well-defined niche, great management, an aggressive strategy, and a significant revenue base. I think it's IPO may be stronger than many suspect. We'll see.... Reference - Atlanta Journal Constitution Article by Michael E. Kanell, Business Section, April 8, 2000.