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

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To: mike wood who wrote (5)3/10/1997 1:49:00 AM
From: Robert Miluga   of 1208
 
O.K. guys, I'm interested. I like what I've seen at the website, but I have to admit it's way outside my area of expertise. So I'll assume that this is a great company with a dynamite product. My questions have to do with the earnings report of Feb. 27 and the stock price.

At .06 eps, how do you justify a higher stock price? 1.50 seems fair to me. That's a PE ratio of 25.

Why did the stock price move lower with the earnings report? The market doesn't appear pleased with it.

Looking forward to your responses.

Cheers,
Robert
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