Turbodyne Technologies Inc. (TRBDF) Message Board

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Technology Stocks : Turbodyne Technologies Inc. (TRBDF)

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To: Jonathan Boyd who wrote (608)	4/20/1998 2:26:00 PM
From: Gerald L. Kerr	Read Replies (1) of 3458

>>Someone please sell me on why I should hold and not take my 300% gain at this level.<< The prudent answer would be to take your initial investment back and let the remainder (all house money) run. I don't think anyone has really dared try an estimate of the true future value of this company...but just the Urban Bus Program in the U.S. with Detroit Diesel alone with a P.E. of 20 comes up with a number many times the current price of the stock, (I did the exercise once but don't remember the figures and must reconstruct them). BTW, an interesting aspect to this technology is that a rise in oil prices would give it a big boost. Right now, it's riding primarily on the pollution/greenhouse gasses aspects. From a trader's point of view, I would watch the closing figures. If it closes at or near the day's high, I would conclude it still has room to run on this leg up. My opinions only, Gerry

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