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Gold/Mining/Energy : Canadian Technology issues

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To: C. Cunliffe who wrote (593)5/14/1996 4:48:00 PM
From: Fred J Bealle   of 640
 
CC, the rise of BLD/tse is thrilling. It is at 36$ cdn now, and even pessimists expect it to rise for a long way, barring loss of key personnel, patent litigation, etc. Some say $100 is a modest target.
Still, I had 500 at $9 and sold at 13.50! Oh, ye of small faith.
Got back in at 18 and 30. You can get it from me at $100.
People will still be getting in at $40++. Like it or not, there are not many dips in this price curve. Darn. Benz is very credible,
so this will boost the stock much more.
If you have this stock, do NOT sell. Ever hear of Berkshire Hathaway?
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Budget version of Ballard: unrelated turbocharger firm, Turbodyne
(trading on vse as TTO) has announced very good results of an INITIAL
test of its diesel add-on. Doubles boost (pressure) and 'performance' on a Cummins 350. Called to see what performance meant (HP or torque?) but line was busy. See the article on www.newswire.ca.
Stock is at 11.85 today, up a bit. Tomorrow, since newswire article was released at 15:00 hours today, the print media may give a boost to TTO. Or so I hope. Insiders may have polluted the picture.
TTO previously hit a peak of $15 a few weeks ago. The corrections are swift and drastic BUT temporary. Scarey, but stay calm & survive.
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Another idiot version of Ballard: Reg Tech (RRE on VSE). This has been a heartbreaker. Now at 2.10, I got it at 2.84 long ago. Has great promise (rotary engine far nicer than Wankel). May bear fruit in months to come.
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may fortune smile
fred b
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