Thermal Control Technologies Corp TCT (was Redux Energy) Message Board

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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy)

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To: mike wood who wrote (505)	8/5/1998 3:22:00 PM
From: Saverio	Read Replies (2) of 1208

<<American investors have lost 7% of their stock value just because of the drop in the can. dollar>> While your statement is true, Mike, the other side of the coin is that, if sustained, the weakness of the cdn. dollar will contribute to beef up the earnings statement in future quarters for the sales made in U.S. dollars, thereby hopefully also boosting the currently anemic stock price. So you may indirectly recover part of the currency loss. Cheers. Saverio

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