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Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?

To: David Pickering who wrote (3687)	3/18/1998 8:22:00 AM
From: Poweruser	Read Replies (1) \| Respond to of 6467

I just read J Taylor's review of the Trooper and Thermo battle. It is very straight forward and revealing. He really feels that Stan Lis out and out lied about the facts as they were presented. He still has Thermo Tech on his "favorite moonshot" for 1998 list. If anyone would like to see this article, call him and get a sample copy. PU

To: David Pickering who wrote (3687)	3/18/1998 12:14:00 PM
From: Clement	Read Replies (1) \| Respond to of 6467

Repost from Yahoo: David, Thank you for your very informative post about Korea. But I have consistently stated that I have very very few doubts as to the potential of TTRIF -- the potential really is not the problem. Since the issue of tax incentives was raised, companies that apply environmental technologies in Poland from what I understand have the ability to to apply for tax "holidays" for between 2-5 years. I have little doubt that Asia offers some of the best potential (many of the governments are autocratic and you don't have too much resistance by the populous because of cultural reasons -- thus none or little NIMBY). That said, we have heard rumours that things are happening multiple times over the past year (or at least as long as I have been following the stock and some say longer) But what has been the result? I may be proven wrong, but based on the information that is public at this time, I would say that TPP has a better time getting into their market than TTRIF has penetrating Korea (because of management knowledge and background). I would also forewarn you that Korea has a history of slow payment schedules. Clement

To: David Pickering who wrote (3687)	3/18/1998 1:23:00 PM
From: JOHN SAMSEL	Respond to of 6467

David Pickering, In TPP web site under Financial Projections the company makes reference to a corporate tax advantage by using EES Waste, a Cyprus based corporate entity that will take possession of the license and then sub-license the process to IEWS. This was TPP's game plan. Do you have any information about the failure of this financial planning idea since you mentioned that all businesses in Poland are subject to the 38% corporate tax? thanks John