ite signs hoa with queensland treasury corporation, page-36

Robbo,

Thanks for the reply.

I was not trying to say that I was expecting to wait years for ITE to blossom. As you know I am far more bullish on ITE than that!

I was simply concurring with your preferred investing strategy outlined in your previous post. That is, once you've committed to a stock after executing your due diligence, relax and resist the temptation to sell out of the stock unnecessarily if things seem quiet with the stock at any particular stage. Set yourself some broad time lines and some SP targets for the stock, keep a "weather-eye" on it, and then sit back and trust your due diligence and original decision to invest in the stock.

Review your investment at regular intervals as time and SP targets are met or not, but don't toss it in simply because there is not much SP action in the stock at any given time, particularly whilst the underlying fundamentals remain unchanged.

Once again, my time lines for ITE are not in terms of years, far from it, but if I still consider it is still a worthwhile investment to be holding in a couple of years time, then rest assured that I will still be holding it. I am far from a day trader, and happy to be so.

Anyway, I suspect that all this will be academic sooner rather than later with regard to ITE. I get the feeling that after a healthy re-rating in the coming New Year on the back of some positive new contracts and announcements, the ITE "blossom" will be "picked" by a bigger global competitor/partner.

Thanks also for the 15 points from Fisher, and for the news that "the Pub" will be continuing its stock analysis in 2007. Whether this analysis is accessable through a public forum such as this or through something more private, I would love to be able to have access to it, thank you.

Warm regards, and Merry Christmas, GJC.