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Strategies & Market Trends : Stocks Crossing The 13 Week Moving Average <$10.01

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To: James Strauss who wrote (990)4/28/1998 1:11:00 AM
From: IsaacF1  Read Replies (3) of 13094
 
James:

TRBDF

I wondered why the company is doing so strongly until I looked at all of the fantastic news TRBDF has issued. WOW. I like what they do also, in this clip the CEO comes across well to me. Also the environment has a lot of + sentiment going.

WOODLAND HILLS, Ca, April 24 /CNW-PRN/ - Turbodyne Technologies Inc.
(NASDAQ:TRBDF, EASDAQ:TRBD) was featured on Earth Day in the nationally
televised ''Cavuto Business Report'' on the Fox News Channel, a 24-hour cable
news network. The feature, which followed a clip of President Clinton's Earth Day speech, highlighted the environmental benefits of the company's breakthrough Turbopac(TM) product, which substantially reduces harmful emissions and virtually eliminates black diesel exhaust smoke.
''We've been through the information age, now we're entering the
environmental age'', Turbodyne CEO Walter Ware said during the interview with
the show's host, Neil Cavuto. ''There's a huge global awareness of our
environment and peoples' responsibility to do something about it.'' (A
complete transcript of the interview is posted on Turbodyne's web site:
www.turbodyne.com).

It's a good looking web page. They are also headquartered where emission controls are stiff, California. I never buy a stock that is operating in negative cash flows. Personally, if the stock's price has + cash flow then it should also have + revenue growth. I also become even more selective when I look for a stock which is either under or very close to value. TRBDF has none of those qualities. Why am I so intrigued with the company then?

May place a CCUR order soon.

IsaacF1
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