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Technology Stocks : Turbodyne Technologies Inc. (TRBDF)

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To: Dr.Rolf W.P.Hensgens who wrote (1937)9/6/1998 5:46:00 PM
From: Mike C2  Read Replies (1) of 3458
 
Short fuel for the long run
Rolf, thanks for your kind comments. I have a couple of questions for you.

1. Are German investors subject to wash sale rules in a similar fashion to those
in the states? Who knows how many long positions were stopped out or closed on
August 4 in the 11 million share day. The incessant drone of the shorts' refrain
has provided the opportunity to buy in, without negative tax consequences,
below the price they were sold a month ago.

2. How far are you from the IAA in Hanover? Any chance of your providing this
thread with a first-hand report?

I expect a most interesting week. Would not be surprised to see one last "attack"
before the AGM. But I think we saw the bottom last week.
Of course, I argued that the gap in April didn't need to be filled :)
It seems to be that the serve is now on TRBD's side.
TRBD is serving for what I hope is a 4 point love game: 1. OEM announcement, 2.
dramatic repudiation of Asensio, 3. further JV or sales announcements, & 4. a positive
annual meeting. The game is the company's to win.

May the wind be at your back.

MikeC
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