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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: DDS-OMS who wrote (50)8/19/1996 11:54:00 PM
From: space cadet   of 6467
 
Gary, thanks for your interesting and thoughtful posts. Alot for thought there. About the MM trick you mention: I follow you but what about the situation at the end where the MM has driven down the price and bought his desired share of stock at the low prices. How now does the MM drive the price back up again. To do this, it seems that he must start selling his share of stock, thus lowering his profits. So the story is a little longer than what you posted, though I do get your overall point.

I noticed that the volume is now under 200,000 so we may see some move up from here pretty soon.

If TTRIF is coming to Boston, I too would like to check it out. Anybody know what their schedule is?

My 20 year comment was just to make a point that none of us really knows when if ever this technology will start to take off. If we can make it past the next few months without a Nasdaq crash then TTRIF may be a good investment for 97. I see you sold some above 3. Smart move and I hope to do the same. Good luck. All stock investing is risky to some degree but the risk seems almost unquantifiably large for a stock like TTRIF, which is why the mutual funds, et al avoid it.
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