Thermal Control Technologies Corp TCT (was Redux Energy) Message Board

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

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To: mike wood who wrote (709)	3/6/1999 10:08:00 AM
From: Far Side	Read Replies (2) of 1208

Mike Our real problem is "no buyers" at a reasonable price. I don't think management have ulterior motives at all. If we think it is so good, maybe we should be buying. My problem is, I don't have any cash right now. If anyone else reads this, maybe we should be reminding them that TCT has two very positive things going for them a) they are profitable b) their technology is better than the competition I was at the SAE show in Detroit this week and one of the largest CAC manufacturers admitted right out that the durability of their product is no where near what it should be but that they have no replacement technology. One of the reasons that engine manufacturers stonewalled the EPA was not that they couldn't make more pollution free equipment but that certain components would exceed the failure rate prescribed. The CAC is one of those components. Did you know that the reason that TCT sells any product at all is that its quality and durability is better than the OEM (Valeo, AS) product. I see the next stage being the involvement of an OEM (VW, BMW, Mercedes) in a big way to save this situation. Now the shorts are going to be very quick to say that the big boys have the money and therefore the technology or would have bought TCT out long before now. Don't they know that large corporations can't develop anything. They also have the "not invented here" syndrome which delays good decisions until they have to pay top price. This is especially true in the automotive industry. If anything new is found, the group that was involved invariably has to leave and start up its own shop (TCT). Then it takes years to sell. TCT's advantage right now is the automotive engine design environment is driving forward hard and will be compelled to look at TCT products. Jim

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