Anaconda Wordpress theme

Hi,

I downloaded the wordpress theme so I can customize it. However when I add code to the page.php, nothing is showing up.

I modified other wordpress themes before and it is the first time it is happening.

<?php 
/* This file is Modified from K2 on 25th July 2006. */
?>

<?php get_header(); ?>


    <div id="content-wrap">
    
        <div id="sidebar">
             <?php include (TEMPLATEPATH . '/leftsidebar.php'); ?>
        </div>  
    
        <div id="content">
            <?php if (have_posts()) { while (have_posts()) { the_post(); ?>

            <div class="item">
    
                <div class="pagetitle">
                    <h2 id="post-<?php the_ID(); ?>"><a href="<?php the_permalink() ?>" rel="bookmark" title='Permanent Link to "<?php the_title(); ?>"'><?php the_title(); ?></a></h2>
                    <?php edit_post_link('<img src="'.get_bloginfo(template_directory).'/images/pencil.png" alt="Edit Link" />', '<span class="editlink">', '</span>'); ?>


</div>
            
                <div class="itemtext">

                    <?php the_content('<p class="serif">Read the rest of this page &raquo;</p>'); ?>
        
                    <?php link_pages('<p><strong>Pages:</strong> ', '</p>', 'number'); ?>
                </div>
    
            </div>
    
            <?php } ?>
            <?php /* If there is nothing to loop */  } else { $notfound = '1'; /* So we can tell the sidebar what to do */ ?>
            
                <div class="center">
                    <h2>Not Found</h2>
                </div>
            
                <div class="item">
                <div class="itemtext">
                    <p>Oh no! You're looking for something which just isn't here! Fear not however,
                    errors are to be expected, and luckily there are tools on the sidebar for you to
                    use in your search for what you need.</p>
                </div>
                </div>
    
            <?php /* End Loop Init */ } ?>
            <div id="footer">
                <?php get_footer(); ?>
            </div>              
        </div>
        
        <div id="utility">
            <?php get_sidebar(); ?>
        </div>  
        
    </div>
</div>
</body>
</html> 

PHP:

What I really want to do is to add some code. However even when I insert "test", a normal word, nothing appears.

I delete the cache and everything. Am I editing the wrong file to modify the posts?

Thanks in advance