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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: Al Baldy who wrote (846)6/2/1997 5:28:00 PM
From: Rick McDougall   of 6467
 
All

Comments from Jay Taylors weekly hotline.

Early in the week, Thermo Tech Technologies rose to over $3.00 before
profit taking knocked it down by mid week to just a little over $2.00.
However, by noon on Friday, this explosive little stock began to shoot
up once again to close at $2.75. You might reasonably wonder what is
going on with this stock, that has caused it to explode recently from
under $1.00 to over $3.00. To answer that question would take much too
long. The short answer is that investors as well as corporations and
municipal governments not only in the U.S., but around the world are
beginning to believe this company has the best and about the only viable
alternative to dumping organic waste. Thermo Tech has been developing
its technology and applying it commercially now for over 10 years. It
hasn't been easy. What is convincing people now of this company's
growth potential is the success it is experiencing at its Brampton
project in Ontario. I remain as convinced as ever that this company's
shares are likely to rise to much greater heights. I would not be a
seller of this stock now, unless you need to diversify or change the mix
of your investment portfolio.

Rick
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