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Re: [sharechat] ITC

From:	"charlie brown" <gordy_gecko@hotmail.com>
Date:	Wed, 15 Nov 2000 14:03:38 EST

There's plenty of start up's, ideas needing VC without having to expose 
oneself to the "me too" dot com phenomenon.

ITC IMHO had it good for a period when things were "easy" and opportunities 
knocked at your door - and VC's were ready to part with cash freely.  Mark 
my word, things are a lot tougher now and you have to do your homework - and 
lots of it.  Some different skills are also necessary to get it right.  VC's 
now seem to spend an enternity mulling over potential cash injections.

Just because it has got tougher, doesn't mean that you should necessarily 
shut up shop though and look at the money in the bank as some sort of 
benchmark of your success (and ply yourself with financial praise).




>From: "Matthew Van Veen" <mattvanveen@hotmail.com>
>Reply-To: sharechat@sharechat.co.nz
>To: sharechat@sharechat.co.nz
>Subject: Re: [sharechat] ITC
>Date: Wed, 15 Nov 2000 15:27:42 NZDT
>
>Thats because they won't put their investors money in any quote "me too" 
>dot
>coms. ITC are very astute, have excellent management, top track record (so
>far), a good VC company and damn well cheap.
>
>
>>From: "charlie brown" <gordy_gecko@hotmail.com>
>>Reply-To: sharechat@sharechat.co.nz
>>To: sharechat@sharechat.co.nz
>>Subject: Re: [sharechat] ITC
>>Date: Wed, 15 Nov 2000 12:53:49 EST
>>
>>Les
>>
>>I'd have to disagree with your posting.
>>
>>$20m in cash in the bank. Why is this money not invested in some new
>>burgeoning start up?
>>
>>IMHO ITC is being beaten to the door of possible new ventures by players
>>with deeper pockets and more marketable attributes to offer - ie US $ and
>>smart cookies.
>>
>>$0.30 IMO will be someway off ie far far in the distance
>>
>>IMO this stock is now one of the also-ran's.
>>
>>Charles
>>
>>Disc.  I work in the VC area - and not in NZ.
>>
>>
>>
>>>From: "Les" <openmind@paradise.net.nz>
>>>Reply-To: sharechat@sharechat.co.nz
>>>To: <sharechat@sharechat.co.nz>
>>>Subject: Re: [sharechat] ITC
>>>Date: Wed, 15 Nov 2000 14:23:30 -0800
>>>
>>>And the tempo will increase for this fantastic company. Expect a steady
>>>flow of  company announcements over the next four months or so.
>>>ITC really makes many of the other I.T and E type of stocks look like
>>>rubbish. They are years behind ITC and the gap is increasing.
>>>
>>>
>>>
>>>
>>
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