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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: mike wood who wrote (300)3/5/1998 1:43:00 PM
From: Saverio  Read Replies (2) of 1208
 
Mike: nobody can predict a share price at any point in time. If the president of any company predicts a share price, he/she expresses an opinion which has no more value than anybody else's opinion, because being a president does not give him/her any special perspective on what the market will do on any given day. If the president was forecasting an EPS, I would tend to hold him/her responsible for his forecast because he/she has the required information to venture a forecast; but translating that EPS into a share price is nothing more than educated speculation, with varying degrees of success.
The role of the president is to build a successful company; I am satisfied that this is what is happening with TCT. Cheers.
Saverio
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