Forum Archive Index - April 2000

["Peter Riches" <peter@peaktechnology.co.nz>]

I read through the profile that arrived yesterday and think that the financial projections look quite reasonable.They are looking to have positive EBITDA by 2002 off operating revenues of $4.6 M from the use of their technology. This is without allowing for any advertising revenues from their site.

 

It looks like they have put together a sound management team with the skills necessary to take the technology that has been developed and build it into a successful business.

 

They are have arranged a placement worth $3.6 M at 9 cents per share, so yesterday's close (8.9c) was slightly less than that.

 

My only reservation is that I think we could see another general sell-down in the technology (particularly internet) sector soon. But this shouldn't be a problem for anyone looking to hold ECH longer term.

PR

 

----- Original Message -----

From: Osbert Sun

To: sharechat@sharechat.co.nz

Sent: Wednesday, April 19, 2000 10:12 PM

Subject: [sharechat] E-cademy

I haven't heard from others about this company, and would really appreciate any input to get some discussions going on this topic.

 

Kind regards,

Osbert Sun