it&e (ITE).High fellow w/warts,Totally dismiss and Forget...

it&e (ITE).

High fellow w/warts,

Totally dismiss and Forget MAT's.....this (ITE) deal-- is always going to be.....an ....."intrinsic valuation" exercize.....(ie: not --not-- a historical earnings exercize). ....


Example--Same philosophy of ....Like a hypothetical previous take over of Amazon.com...when there was nothing(a few years ago)-- but a sea of red ink on the Bottom line-- a few years ago.....the premium needing to be paid for Amazon --- would have...STILL-- been in the billions, ....

.....ditto... 'My Space.com"-- more recently-- at the time ...there was no EBITA or NPAT's-but Murdoch's News Limited ...certainly KNEW the value for the Myspace Media Property--and had no hesitation in paying up big ----$$$$$$---- for this Mareklt Brand market Brand Leader--and again.... in the ....US $billions....and ....the Silver Fox .....reckons now....only 18mths or so later; that he got a total bargain....

-Think the theme of ...."franchise's".... and Market Share and Leading Brand Equity and Killer Application with a Mission Critical Software Suite in one of the most lucrative Markets on the Planet....--.....and then do some Permutations and Combinations.....

-Or think this way..... if they kept going only in Australia-- with Perpetual Licences for PTX, Monarque and Razor--for only their exisiting Blue Chip Global bank Clientele--21 at last count-- the Top Line for (ITE) would growm from the present 15.6 tp be be about $28- $35 millions in Revenue....and that is conservative.

Now extrapolate..... errrr ... and think.

Australia has Banks that service 20 miilion people...

And we have on that a projected (ITE) t/ver of $28 millions --$35 millions.

Now think and calibrate and calculate the numbers.....

USA has Banks and Exchanges and Finance Houses that service 400 millions..... and the largest economy on the planet.

Canada is similar if not bigger to Australia.

Asia--China, Hong Kong, Taiwan--waht is that worth.....?

And India....?

And then the United Kingdom.....

And then Germany, France, Italy, Spain, Bulgaria, Swizerland, Poland etc etc....

And then Scandanavia--Denmark, Sweden etc....

So what is the potential Top Line....??

And at about 50 net return what is the potential bottom line....???

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What did Fitch(a Billion dollar backed and worth-- USA based --- Private Equity Technolgy Services firm) pay for Algo two years ago...?

Answer: in excess of: US $400 Millions US dollars
...

.....Algo was more than $11 millions in the Red...that is correct---in the red.....!!!.....yes..... that is correct.....
.....Algo was more than $11 millions in the Red...that is correct---in the red.....!!!

Say it again.....What did Fitch(a Billion dollar backed and worth-- USA based --- Private Equity Technolgy Services firm) pay for Algo two years ago...?

Answer: in excess of: US $400 Millions US dollars

That price, potentially--and realistically imo-- puts (ITE) at least at: $2.00 ladies and gentlemen....

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Here is the Pub Prediction--The it&e (ITE) share price will be--repeat--- will be:-- $1.00....to $1.25 ..... inside 3 months and 2 weeks ....from today....

Repeat that:

Here is the Pub Prediction--The it&e (ITE) share price will be--repeat--- will be:-- $1.00....to $1.25 ..... inside 3 months and 2 weeks ....from today....

And there is one significant real basic reason why.... (apart from--apart from--any Takeover Premium)--

And no one has really--imo-- ..." cottoned onto it"-- ...yet....?

Pub Blue's Clue:

It is how ze Market does... in terms of implied weight and valuation-- will--imo-- specifically and precisely accord and evaluate and "weight" .....future Predictive Announcements ..... compared to.... as they have currently.....vis a vis weighting marekt cap GOING forwards.....

Geeeee whizzzz...... oooops.... That is Giving it away !!!

Can you guys pin down to what I am alluding to...and answer the riddle ???

Very important consideration and evaluation of valuation issue--right now for (ITE)-- coming up -- here --VIP--imo.

It is my view..... that it is.....Very critical .....that, you "grasp" this.


Can you guys ??-- ..... " pin down "----- ..... to what I am alluding to...and answer the question and the riddle ???

Another small point...."A takeover is different to a merger....."..

Second Point-- Remember the word and meaning of "franchise" and Defensible Moats-- ...and secopndly,

.....that Algorythmics was taken over by Fitch-a US lead Private Equity based firm--for about US $420 Million dollars.... = approx... $2.25 equated for (ITE) in.... today's Marekt Cap equivalency terms .....

-Kindest Regards,

Robbo .