Thermo Tech Technologies (TTRIF) Message Board

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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: P.E. Allen who wrote (5323)	3/18/1999 8:00:00 PM
From: Zeev Hed	Read Replies (1) of 6467

P.E., you have to try and put a value on this company, no one knows how many shares are outstanding, the last number was north of 150 MM shares, and it seems as if the leaky floorless is still in place. The company managed to get a little hype out of a phantom $200 MM "financing", but as far as I know, some one will have to come with at least $40 MM of "matching funds". The price looks cheap, but at 200 MM shares, a price of $.25 is putting a value of $50 MM on this company. I just do not see such valuation justified by what the company is doing. Just a friendly advice from one person that somehow read the financials two years ago (when the stock was at $3) and di not like what he saw, not what Taylor was pushing. Good luck out there. Zeev

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