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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: john b who wrote (901)6/20/1997 10:29:00 AM
From: Kit H. Lou   of 6467
 
John, this sounds right to me...

In fact, I believe a couple of pension fund managers started buying a few months ago when the stock was hovering around $1.50. There is definitely increasing awareness of TTRIF in the broker community, but the major brokerages will not start recommending TTRIF until the price surpasses and stays above a certain threshold like $3 or $5. I see $5 as a major milestone where TTRIF could seek NASDAQ NMS status and big brokerages could potentially recommend TTRIF to its clients as a emerging growth company.

As far as fiscal earnings ending in April 97, don't expect good numbers. I think we will see another year of big losses (should be better than last year though). The key for TTRIF is the future - the construction and operation of NEW plants. If things progress as expected, this should be the last year of losses - hope this will finally materialize for a change. :)

Regards,

Kit
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