SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Turbodyne Technologies Inc. (TRBDF)

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Hungry Investor who wrote (1214)7/10/1998 12:49:00 PM
From: Far Side  Read Replies (2) of 3458
 
I want to suggest we stop the speculating right now !

IMO Singleton was brought on board to lead the company through some challenging financing efforts which had to take place during January to June. It is a fact that the company will be securing ongoing cash equity through an equity investment by a major OEM soon. The other fact is that the Turbodyne cash flow situation has improved in the last 6 months and the expectation is that the company will make a some small amount of profit for FY98. Singleton and Turby simply decided to part company.

What was left for Singleton to do ? - Nothing, therefore he left. I doubt he was dumped. He just left. Thanks John, but we'll see you later.

The current downslide is causing another golden buying opportunity.


Jim
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext