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Technology Stocks : Thermo Tech Technologies (TTRIF)
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To: space cadet who wrote (8)7/16/1996 3:22:00 PM
From: Nicholas P. Acquaviva Jr.   of 6467
 
Mark,

My average is 3 1/8 and still accumulating. Of course I thought that was the bottom and at my last purchase 2.625 was the bottom. For me this company is just starting to get recognized and is a long term hold.

As for where the bottom really is in THIS market is anyone's guess.

But let's get serious about this company for a minute. The only negative IMHO is their need for capital and everyone is waiting in line to give it to them. There is always a need for money in a small growing company and I feel this might be delutive in the short term. But in the long term, there are not many shares outstanding. (I think about 12 mill) and when everyone wants these shares the price is sure to skyrocket.

Take a good look at their home page and read what this company is doing. Look at the possibilities. I've been in this stock for two years and have a substantial part of my savings here and I am very consertive.

IMO. this stock is going to 20 within 2 years and higher after that.

1. It will be profitable this comming quarter with 3 to 4 plants now on line.
2. It will have broken ground for it's 7th plant by years end 96.
3. It has an agreement with Nihime (spelling wrong) a Japanese company. the 9th largest company isn the worlld.
4. It has agreemnets with the most powerful waste companies in the world.

The company changes waste for a fee and sells it as a usable by product. All governments NOW want this process in their back yards.
And if you really look close, TTRIF is getting into the biochemical feld extracting enzimes from waste at an average selling price or $1000 per mg.

IMO the only true down side is being bought at $20 which is too low. I'm sure you could probably trade this stock but I think that is why the stock has moved down. Too many traders and not enough belivers in this great company.

Thanks for listening and good luck.

Nick
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