Turbodyne Technologies Inc. (TRBDF) Message Board

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Technology Stocks : Turbodyne Technologies Inc. (TRBDF)

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To: Far Side who wrote (2228)	12/7/1998 3:55:00 PM
From: Q.	Read Replies (1) of 3458

re. <<Does that mean I should buy some TRBD when the price is so cheap ?>> Why do you think it is cheap? Because the stock price is below 5? With all due respect, do you happen know how many shares are outstanding? It's 5X more than for most companies of this size. The market cap is $187 M. That's not cheap for a co. that has $40 M per year of revenues. This stock is worth considerably less than a dollar per share for the light metals division. The turbothingy division isn't worth a penny, because they don't sell, despite being on the market for years, despite repeated predictions by management of big sales to Russia, or Detroit Diesel, or Santa Claus, or whoever.

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