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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy) -- Ignore unavailable to you. Want to Upgrade?


To: Edward W. Richmond who wrote (770)6/11/1999 1:30:00 PM
From: Saverio  Read Replies (1) | Respond to of 1208
 
Ed: just a small correction: the debentures are due in 3 1/2 years (December 19, 2002). In the meantime, with some good sales and profitability growth, they can in time accumulate funds to at least decrease the amount needed for refinancing the debenture (if required).
Saverio



To: Edward W. Richmond who wrote (770)6/11/1999 1:37:00 PM
From: Far Side  Read Replies (1) | Respond to of 1208
 
Ed, we seem to be having a good one-on-one here.

My take on small cap analysts is there need for a quick profit opportunity i.e. no more than six months. Based upon that and the hate complex the MMs have for this stock and we could have a problem.

I mean - really - IR is hopeless. Where else do you have a company coming out with a company analysis every six months. They don't exaggerate either. Remember, they moved their manufacturing facilities late last year and we don't see results for at least 5 months (quarterly results plus delay in release) after actuals are in. Does anyone expect an immediate improvement in sales. They first have to ensure that they have quality product. This seems to have happened if you look at the VW deal.

In fact, the VW deal was fantastic but not realized in the stock price at all. The reason, one of the holders of the stock has been selling because it can no longer own stock in companies that it's analysts don't recommend and they no longer do analysis on companies as small as TCT.

Ironic isn't it? We lose because they are selling. Not really. We lose only if we sell too. I agree that the value of anything is only relative to the actual demand for that product and that is most true with stocks. That is because stocks are a greatly undefined asset. You cant see or feel them, you can't eat or live in them and you must put your full trust in those who run the company. Then you must sell them to someone else who has even more confidence than you before you can do anything else with the money. Obviously there are fewer buyers with confidence than sellers. That is why this may be such a good time to buy when situations like this occur.

This is only my opinion so don't think that I am hyping this security at all. I am not.