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Technology Stocks : Turbodyne Technologies Inc. (TRBDF)

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To: James Strauss who wrote (825)5/6/1998 10:58:00 AM
From: Mike C2  Read Replies (1) of 3458
 
report of conversation with Mark White from IR re Brazil
IR's Mark White stated that there were problems in Brazil...4 months ago. The high
humidity caused condensation failures as units shorted out. The problem was fixed
and the distribution deal with Astoria Int'l. S.A. is in place.
There is no linkage between "the governments" of Brazil and Mexico
Maybe Orion's timing "last several weeks" is off by a factor of 4 x 10
to the zero?
Mark told me that he believes the stock is fairly valued here, 9 - 9.25. IHO (in his opinion)
I believe Orion may be (mis)understanding. IMO, being long TRBDF is the best way to
replace one's wardrobe and entire lifestyle, however, to beat my TA into the ground
one more time...
a continuation pattern is being established, hopefully on decreasing volume and
volatility in this range. A new base will be established here for the assault on
10.5-11 when a major firm picks up coverage, the F is lost and domestic funds can
buy, or more orders of a larger magnitude than 4x10 are announced.
good fortunes to all.
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