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: Edward W. Richmond who wrote (161)	10/10/1997 12:30:00 PM
From: Randyfb	of 1208

Hi Ed. I agree with your analysis of the 2nd quarter results. I expect the 2nd quarter to be about the same as the 1st. In addition to the absence of deffered revenue, the company will soon run out of tax loss carryforwards which will result in lower after-tax earnings. As a result, I don't expect a major movement in the stock price in the near term. I am hopeful that sustained earnings growth every quarter will eventually push price over $2.00 Canadian in six months or less. I don't think that the OTC listing will have as much impact as we would like. This stock is just doesn't have enough of a float. I also have a position in Ballard Power. The current price has certainly exceeded my expectations. Regards, Randy

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