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

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To: Far Side who wrote (681)2/28/1999 8:26:00 PM
From: Edward W. Richmond  Read Replies (3) of 1208
 
Jim, with the financing in place and a good Q4, $1.50 would be a great buy, in my opinion. I tried unsuccessfully to participate in the private placement at that price and the company has since made some pretty constructive moves such as moving to Arizona.
In my opinion, the financing "blunder", which I believe to be an apt description, has created a loss of confidence in the company and in management. Also, publishing the quarterly numbers with no explanation or other information doesn't instil confidence. I believe that these unhappy items have created a climate that is a bargain hunter's dream. With Good Q4 results and financing in place, I expect to see the stock appreciate substantially. However, because it has been so beater down, we should have time to jump on board at a reasonable price before the train gets moving too fast.
Just my opinion, for what is worth.
Regards, Ed
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