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

To: AriKirA who wrote (252)	3/30/1999 11:28:00 PM
From: keith massey	Read Replies (1) \| Respond to of 5053

either acquiring or merging with a company involved in the e-commerce sector or having developed some kind of proprietary technology. Thanks Ari Nice to hear that I am not the only one that the company rambled on to about going into the internet sector. I know John Kaiser reads this thread since he often comments on action and rumors on SI threads. Maybe he will post where he is getting his information from <ggg>. I would recommend that everyone on this thread call the company and ask what type of business they are going into and when the news is going to be released. The number is 1-604 682 3030. If you get any new information please post it to the thread. I would be surprised if the news wasn't out before the April 19th meeting but we can only wait and watch. From a tech standpoint a 50% retractment is very common after a quick run-up (Note: that is the middle Fib. line). When we ran from .48 to .67 we pulled back to .56 (50%) and when we ran .60 to .80 we pulled back to .68 (60%). In both cases I took a little profit near the top of the run and added far more to the pile on the retractment as posted on the thread. It just ran from .68 to $1 which calls for a 50% retractment to .84. We closed at .85 and hit .83 (kind of weird how it all works). I don't like pullbacks and would have rather seen the stock run for a couple more days but it is all part of the game. Got a few today at .88 and plan on buying more in the mid-80's. It is only a matter of time before the next run. If the recent run-up in the past week of other stocks that have switched over to the internet/tech sector is an indicator we should have a great month ahead of us. Best Regards KEITH