Forum Archive Index - April 2000

["Osbert Sun" <osbert.sun@xtra.co.nz>]

Malcolm,

You are right about the underlying strength and future prospect of ITC. For
every sector there are always going to be winners and losers. However, ITC
has to be one of the finest stocks in the new economy category listed on
NZSE, IMHO. As pointed out by the management of ITC, the current corrections
in internet stocks will benefit the company in terms of lower entry price
for investments.

Kind regards,
Osbert Sun

----- Original Message -----
From: "malcolm coleman" <malcolmcoleman@hotmail.com>
To: <sharechat@sharechat.co.nz>
Sent: Monday, April 10, 2000 11:05 AM
Subject: [sharechat] ITC mgmt reassurance


> ITC management recently posted a summary of their views on company's
future
> prospects, makes for interesting reading. Herewith:
>
> www.itcapital.net/attachment/ITC_ShareholderLtr6_4_00.doc
>
> I have always thought that Virtual Spectator should bust the world of
sports
> Virtual Reality wide open. I am not into games (except the sharemarket)
but
> sport VR is sensational viewing. ITC seem patient and ready to sort the
> "E-wheat from the E-Chaff" to paraphrase a recent unrelated) report
> recently. I for one will continue to accumulate.
> Closing price on NASDAQ Frisday was US$0.30c,  up 20%.
> This information gleaned from RagingBull sharechat posts for ICALF, which
> are a very necessary source of info.
> disclosure - hold ITC. Recommendation: Strong buy.



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