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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: Ross Mickey who wrote (5463)4/24/1999 1:31:00 AM
From: William I. Peltz  Read Replies (1) of 6467
 
A fine of only an additional $50,000. Peanuts.

Such a bargain for us! That's only 357,000 plus shares, if they could get them sold at 14 cents today. With today's volume, that amounts to not much more than an odd lot.

They had to do it, though -- have to raise that money to pay the fine by next Friday. Can't wait for May Day and the longed-for $50 million.

Now for years of legal argle-bargle about settling on damages for Trooper. It leaves a big window of opportunity for the new guy to try to change things before another load hits the digester.

May Day! Or M'aidez?

Bill
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