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Technology Stocks : Thermo Tech Technologies (TTRIF)

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To: Fate who wrote (5535)5/14/1999 7:23:00 PM
From: CAYMAN  Read Replies (1) of 6467
 
TT CLOSED TWO DEALS

By: TT_NeedsReform

RAGING BULL Post #994 of 1008

TT has closed two deals, Hamilton and Richmond. These plants were sold to us. Will the next sale will be 1200 TPD retrofits.

We need a management capable of balancing a checkbook (it's probably too much to ask for budgetary planning). I don't want to see, or pay for, increased plant capability until at least one plant has been sold to someone other than stockholders.

Promises of increased throughput distract your attention while dilution continues. We have been paying for a marketing department that doesn't market, a sales department that doesn't sell and management that doesn't manage. The only department that appears to be working is IR, who has been selling plants to us. Management needs to give the appearance of moving forward while the stock price moves backwards. That has been the business plan to date (I didn't say it was a good plan).

Dilution is not going to work much longer. The only hope for this company is the new management team. Every day the transition is delayed is harmful to the shareholder's interests.

Rene, recognize you limitations and tender the resignations of the two board members. Today!

Kim
odcom@earthlink.net

Reply To: 992 by veritas_999 Friday, 14 May 1999 at 6:15 AM EDT





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