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Strategies & Market Trends : Bill Wexler's Profits of DOOM
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To: Waseem Noor who wrote (4166)1/11/1999 2:24:00 AM
From: Bill Wexler  Read Replies (3) of 4634
 
Turbochef is grossly overvalued and will again collapse to the low single digits. Basically I short this stock whenever it gets pumped to the double digits, and cover when it collapses.

Turbochef's bogus "technology" has nearly zero commercial acceptance. This isn't surprising since it is nothing more than an overpriced microwave oven. The Maytag 'deal" is a red herring. Turbochef's stock promotion fraud involves touting itself as a "technology" company rather than a useless appliance manufacturer.

Turbochef - though it still is squeezable - is a dead lock short. The fact that Turbochef stock touts have begun buzzing my thread probably means we've reached another top.
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