Hi Guys,I dont have much more to add really, My current thoughts...

Hi Guys,
I dont have much more to add really, My current thoughts are that they have a exceptional superior product Namely Razor. I will not be counting my chickens before they hatch in regard to the merger/partnership this may be dead in the water? but rather focus invest on the fact the IT&E will eventually get Traction and increasing sales momentum all coming off a very low base. A few things concern me regarding ITE, one the current lack of clarity and updates from the company in comparison to past periods... although I believe our update is coming very shortly, two..I believe this story is still very very young, and in hindsight my decision to buy in 7 months ago was too soon,and the real leverage will not really come into play for another 12 months although I expect good returns before then, even in 12 months this story will only just be getting started, Which leads me to three, I would expect ITE to be taken over before it even gets close to achieving what it potentially could in years to come.

Unfortunately, dare I say it.... I think a few expectations are just way too high .. for this very moment... and results will disappoint a few short term... as ITE isnt
fully ripe for the picking just yet...
But the wait will be more than worth the trouble.
I expect ITE's bottom line to be rather low but none the less earnings positive,No doubt we will all have more of an idea before the end of the month.
2008 will be the big year for IT&E IMO

Like I mentioned above I dont have much more of value to add.

I continue to happily hold, but also have learnt to expect things to take longer than anticipated.

AA