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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: mafuada who wrote (190)3/1/1998 6:58:00 PM
From: Bill Wexler  Read Replies (1) of 4634
 
<<Bill you are truly incredible.>>

Yes. I am also correct about Turbochef.

<<Ok Bill, here is a challenge. Call the Pizza Hut
in Lewisville, TX.>>

Here's a challenge for you. Read the last 10-Q and explain to an investor buying in at these prices exactly how he will make a return on his money.

<<When i called i asked "what is the
best thing about it, and what is the worst".
In the response to the "worst" she said "the
beeping noise it makes". Oh boy if thats
the worst thing it should tell you something>>

I looked at Turbochef stock and asked myself, "what is the worst thing about it?" I came up with the following list:
1) The company is grossly overvalued.
2) The stock has been a hideous performer in a roaring bull market.
3) The company has been completely unsuccesful in making new sales (as evidenced over and over and over and over again by the 10-Q's...despite what a Pizza Hut manager in Lewisville Texas may say about the beeping noises).
4) The stock has been manipulated and the float is rigged by one market maker.
5) management has been involved in dubious stock promotion schemes.

<<The upcoming press release early next week will
address this. Blodgett (sp?) will be manufacturing
the ovens for Maytag. TurboChef will receive
royalties (not confirmed yet)>>

And you would be privy to material inside information because?....
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