Forum Archive Index - March 2000

["Ben Dutton" <bendutton@sharechat.co.nz>]

Chris:

Well, my timing was certainly pretty good - but I can assure you that Uncle
Keith had nothing to do with it : )

It's not a major announcement but I find the fact that "SCI will make an
investment in IT Capital by purchasing an undisclosed number of shares on
the open market" interesting looking at it from a share price point of view.

I'm still looking forward to their future investments.

Benjamin Dutton
(Hold shares in ITC)




----- Original Message -----
From: Chris Darby <darby@ak.planet.gen.nz>
To: <sharechat@sharechat.co.nz>
Sent: Thursday, March 23, 2000 4:42 PM
Subject: [sharechat] ITC


> Ben,
>
> Now Ben, we all read your post re ITC this morn.  Did you write this
> announcment or cue it through Uncle Keith.  Your timing is superb.
>
> Kidding of course, but this is the sort of empty/lack of detail
> announcement that ITC have been criticised for.  Full of sound and fury,
> signifying nothing but sure to fool a few.
>
> It is increasingly difficult to see past the floral arrangment that
> adorns ITC.
>
> Enough for today.
>
>
> Chris
>
> darby@pl.net
>
> >ITC
> >23/03/2000
> >GEN
> >
> >REL: 1455 HRS IT Capital Limited
> >
> >GEN: ITC: STRATEGIC ALLIANCE WITH SCIENCE CENTER INTERNATIONAL
> >
> >IT Capital announced that it has extended its global network through a
> >strategic allinace with Science Center International (SCI); as part of
this
> >relationship, SCI will make an investment in IT Capital by purchasing an
> >undisclosed number of shares on the open market. SCI will help ITC
establish
> >branch venture funds in key global markets and will provide its turnkey
> >market consulting expertise to move information technology companies
across
> >intenational borders. The alaince calls for SCI to open its international
> >networks to ITC, starting in Asia and the US, and for ITC to open its
> >portfolio deal flow to SCI.
> >END.
> >End CA:00054786 For:ITC    Type:GEN        Time:2000-03-23:14:57:13
Encrypt:Y
>
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