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Technology Stocks : Turbodyne Technologies Inc. (TRBDF)

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To: David Wiggins who wrote (1554)8/6/1998 7:12:00 AM
From: Q.  Read Replies (2) of 3458
 
More on Janssen Meyers & its association with sleazy stocks:

In the last year, Janssen Meyers brought a single company public: RIPE. Details here:
ipomonitor.com

Ousted fund manager Schonberg bought the stock, just as he did others promoted by Janssen-Meyers.

About RIPE: It is a development stage food company. After the IPO it morphed itself into an operator of Russian casinos.

Sounds somehow like an aluminum wheel manufacturer that morphed itself into an after-market supplier of turbochargers for Russian buses.

RIPE went public at 5. A year later, the stock is down to 2:
quote.yahoo.com

Well, I'm not sure how good a sign it is that Jenssen Meyers put out a 'strong buy' recommendation on TRBD.
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