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Technology Stocks : Trans-Industries (TRNI)

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To: Jim Mac who wrote (21)4/15/1999 10:25:00 AM
From: Christopher Brainard  Read Replies (1) of 30
 
Well Jim, The results are in and as expected they do not make very good reading. The company continues to dangle the $175 billion Highway bill carrot in front of us and well as the record high level of overall company backlog.

Whether these guys ever will get on track again is a big question mark. If one is pretty sure they will get it together, todays share price should prove to be a very attractive buying point. I have no strong conviction that they guys will "put it together" so I have no plans to buy anymore shares. If the share price ever does begin to rise, I will be a seller at $8 and again around $11 (man, what a big hope!). With these sales I will break even on what has turned out to be a very bad investment!

Chris ...
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