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Strategies & Market Trends : Action & Options- Taxikid plays

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To: taxikid who wrote (3859)	2/24/1998 3:53:00 PM
From: mafuada	Read Replies (1) of 4339

TaxiKid wrote: (Long) <<are you implying that maytag will take over the debt? if not maybe you should define your intentions more clearly, and become a welcome member of the thread, and leave the newbies a little space to breathe..it's only fair,right..your post doesn't claim much other than maytag getting involved..>> That is fair. Lets talk TRBO. I feel i am a pretty informed TRBO investor. I have visited the company. Vistited a Pizza Hut that is testing the oven and talked to all 3 managers there. I have seen the oven work in two different places and even eaten food cooked from the oven at both Pizza Hut and TurboChef. Now there is a little background. Now my expecations. Not much over the next 3 months for sure and probably not for at least 6-12 more months. I also dont see it going any lower than 8 again as long as Maytag is involved. Will Maytag erase there debt..NO..your correct. But They are paying for all SG&A virtually which will prevent them from going much further into debt while they establish there sales force and strategies. They have also done well with the 10 million dollar stock swap which has already made TRBO almost 3 million dollars richer. If you look at the charts the stock price has not gone below 6 3/4 since it went above that price 2 1/2 years ago. Even when it does go below 8 it has almost always been intraday. Only available there for a very short time. So why short at 9 1/2? It would take one of two things too get the stock below 8 for any length of time. Maytag backing out. Or Stonehill Capital selling off there shares. Im betting neither will happen. I also believe that not many people really understand TurboChef. People think it is an "expensive microwave" oven. If you take time to educate yourself here you would better understand. Read www.TurboChef.com to find out about he technology or talk to the company. If any scientist out ther still believe it is an expensive microwave oven after that let me know. They other thing people dont understand where this company is at. They say...well if thing was for real why isnt the oven selling. Two reasons... 1. The sales force for the commercial oven has only been in play since 2nd quarter 1997. The first few years of the company were spent developing technology, the first oven the D-1 model, and after their first customer Whitbread PLC they launched the D-2. 2. Testing takes time. Need proof. Read the USA TODAY article "Re-inventing McDonalds" in Friday Feb. 20th newspaper. This isnt the TurboChef technology they are using but, the point is it took them 3 years to test the new equipment, etc. Take a look. Anyway enough for now...those not interested are probably bored (sorry) your turn...more later from me Rob

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