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Technology Stocks : Turbodyne Technologies Inc. (TRBDF)

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To: Far Side who wrote (1837)8/26/1998 11:05:00 AM
From: Michael Bidder   of 3458
 
Jim,

I am placed in the unhappy position of being the bearer of bad news. Having an intimate knowledge of the Canadian stock fraud business I feel it my duty to warn those considering an investment.

Hardly ever do I go out on a limb and make a near term prediction about price. In Turbodynes case I will break that rule. I expect TRBD to be below $5 before the next quarter.

Far from reaching your friends expectations there is going to be extreme disappointment. I recall the time I was counciling a Broker friend about a Mining stock. He had at one point millions in paper profits. Alas, I couldn't convince him to sell. I think there comes a point when some individuals just refuse to believe bad news because of an emotional attachment to their dream.

Please Jim, I ask you to reconsider your position in this stock. Don't let your emotions guide you. Asencio as unloved as he is, is correct.

If you have any questions as to the fraudulent nature of the company I would be happy to respond. I have little time but I will endeavour to help a fellow investor.

Regards and good luck,
Michael Bidder......Concerned investor
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