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

To: marcos who wrote (4865)	11/25/2000 12:17:14 PM
From: ralfph	Respond to of 5053

I was waiting for it to go lower. Last I bought was a smiggin at 54. I expect it will nibble at that level on monday and then pull back if there is nothing up. But if there is news in the pipe or JK has a bottom fishing report with a buy recommendation ITE could run next week. JK's Nov report will often run a stock up 20% + and sometimes it just keeps climbing to mid Jan on soft momo. I do not think he has that ability any more but a short bounce would not seem out of line. I did not pick up on any daytraders flagging ITE yesterday but some of the run could be attributed to that. Iam watching IMM, EAR out of the corner of my eye and know I need to average down on CPT . Its that greed thing. somewhere out there a stock is going to be hammered with tax loss selling and I do not want to own it and ride it down but want to be in position to buy it at a no brainer level as well. Best regards I,m gone :-) ralfph Gotta ask Jim if ITE gets any cash flow from Enviromation. I think the cash has to stay with the earning company but as it is not public perhaps the regulations do not apply.

To: marcos who wrote (4865)	11/25/2000 12:55:42 PM
From: Davy Crockett	Respond to of 5053

LOL, Hi Marcos, nice to read your post again... I too added to my shares (yesterday actually), I agree Mgmt is very conservative, and I don't think that the tech boom is over..., sure there has been a shakeout, but that too will past... I still like the "investments" that ITE has made... unlike the last poster, (who I will reply to in a few minutes), I have been in & out of ITE many times in my Wife's RRSP, however I made some fundamental mistakes in my own account...(basically I bought & HELD ITE on the way & kept averaging down. Still am averaging down. The way I am treating my account I might be averaging down to ZERO... but that is another story for wanabe historians someday... I will declare my bias now... ever since Keith Massey so long ago started posting that he bought in; I started buying in.... (@ .60c or something like that) I have completed my D.D. & I know what I have gotten myself into... To state the obvious, if you held ITE in the hopes of getting rich quick... you are probably pretty disappointed...., Howvever, if you treat ITE as a trading stock (muck like I do in my wife's trading accounting you are probably doing okay... so again to state the obvious I still like the story & I still think that these prices are compelling.... BWTHFDIK....<lol> Regards, Peter