Thermo Tech Technologies (TTRIF) Message Board

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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: Wayne Umfleet who wrote (155)	10/9/1996 1:54:00 PM
From: Kit H. Lou	of 6467

Wayne, I share with you the sentiment that the future is still very bright for Thermo Tech. While recent days have been very depressing, I take solace in the following: - the licensing revenue stream will start to flow next year (Trooper is about to put up a plant in Poland), we may hear good news on the Australian and Japanese fronts within the next year - they now have a good blueprint for building future plants from Dick Engineering - they have a good business model in that they line up waste supply contracts for a minimum of five years before putting up a new plant (we will see quicker profitability in new plants) - the enzyme collection process will be in motion (I heard the Richmond plant) very soon - insiders (like us) paid much higher prices for their shares and their stock options with an exercise price of U.S. $2.50 will motivate them to make Thermo a success - Bidding on Bay Street Editor is still upbeat about the prospects of the company If the street start to view Thermo as a biotech company (with the enzyme thing, this could happen), watch out... People (like Mark) who sold in recent days have a short horizon. They will probably regret one of these days... We can see the forest, but they only see the trees. Thermo at 1/3 of its book value is a super speculative buy. I believe insiders are buying whatever they can afford these days. I bought some more yesterday and I am considering averaging down some more... (although the wise thing like Gary said is to wait) One of these days we will see an uptrend... Regards, Kit

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