ite report out, page-13

Perhaps it is a bit of band-aid appeasment for the loss on a market down day.

The point is though, that they have signed Tier 1 Global/Asian/Australian banks recently... they have 3/4 more in the final stages of contract negotiation... and they now have other Tier 1 banks interested to see what all the fuss is about... with an undeniable view to take the product on themselves if it turns out to be as good as all the "hype" (read contract wins) that it is generating.

Like others here say... one needs to look at the longer term picture with ITE.

Robbo possibly misleads some readers with his exact short term (1-4 week) timeframe/value predictions. Whilst these are often out... there is little doubt that over the longer term (6-12 months) ITE will be a screamer.

When a contract is worth $5-$6million... it does not get signed overnight. Each contract is unique in its own right and has it's own particular nuances and peculiarities. All of this takes time to sort out.

Again... good buying opportunities over the coming weeks.