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: mike wood who wrote (147)	9/19/1997 1:06:00 PM
From: Randyfb	of 1208

I didn't talk to anyone about stock price expectations. I'm more into analyzing a company's earnings, balance sheet, products, etc. and drawing my own conclusions. My own target price would be around $2.00 to $2.50Cdn in one year. This is VERY conservative based on annual earnings per share of say 14 cents (AFTER taxes) and a PE ratio of 15. Obviously this is only my personal opinion and I haven't included in a lot of growth in this estimate. A lot could happen in the next year (bus market penetration, higher sales, etc. etc.). The estimate for the otc-bb timing was from Blaine - I assume it's reliable. The symbol TCT will be used on the Canadian exchange (ASE). Don't know what's planned for the US.

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