Thermal Control Technologies Corp TCT (was Redux Energy) Message Board

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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: Randyfb who wrote ()	9/16/1999 11:28:00 PM
From: Randyfb	of 1208

Hello all. I made the first post to this thread and have followed it off and on ever since. It is a shame about TCT. It looks like they had a great product but tried to expand too fast without adequate financing (although the product sales have also fallen off). The result looks like it will be disaster for the company, so I have sold ALL of my remaining TCT stock at about 10 cents. Fortunately, I cut my TCT holding in half at $1.70 when I first started to become uncomfortable with the reports. At that time, the sales and earnings growth were dropping off. I also didn't care for the way they "ignored" income tax in their earnings calculations. I should have dumped all my TCT back then - or anywhere along the way down. My feeling now is that TCT is headed for bankruptcy and it is time to move on. Fortunately I never put all my eggs in one basket - no matter how good it looks - so I had only a small portion of my portfolio in TCT. For everyone's sake I hope they survive. Best of luck.

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