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Technology Stocks : Turbodyne Technologies Inc. (TRBDF)
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To: DJRoss who wrote (1518)8/5/1998 8:24:00 AM
From: Ted M  Read Replies (2) of 3458
 
IT is unrealistic and foolish to not buy stocks based on future expectations. The value of something today should definitely be based on the expected value of the future. The extent to which the future is unknown determines the risk. The wild gyrations of yesterday prompted by the news release are evidence of the risk involved. It is also evidence of the degree of investor confidence.
The degree to which the selloff is a buying opportunity depends on the certainty of the future which in great part depends on the credibility of the company.

You have made some very good points but this is the way the game is played and is the way it should be played--provided those who mislead and manipulate are severly punished, which unfortunately rarely occurs.

TED
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