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Technology Stocks : Turbodyne Technologies Inc. (TRBDF) -- Ignore unavailable to you. Want to Upgrade?


To: David Wiggins who wrote (679)4/25/1998 2:22:00 AM
From: Gerald L. Kerr  Respond to of 3458
 
>>With all the exposure and trials TRBDF is getting, a major sales
announcement is inevitable<<

Clearly!

Now that the EPA has certified Turbopac as a solution for the particulate emission standards for urban busses in the U.S., operators of urban busses will be required to meet those emission standards or begin facing fines.

The added attraction here is that Turbopacs pay for themselves on fuel savings alone.

Is that a win win or what!

As far as trading, I wouldn't want to be out of this stock overnight or over the weekend.

I think of it this way...development is complete, Turbopac is in production and EPA certification has been obtained. So at this stage, there really isn't much bad news that's likely to come out.

Turbodyne is not yet a MoMo dependent on ever increasing earnings and where the slightest hint of an earnings short-fall causes a plunge in the price of the stock. That stage may arrive some day, but TRBDF isn't there yet.

So IMO the only significant news likely to come out at this point is GOOD news.

Not a smart choice for being short overnight or over a weekend IMO.

I must admit, though, that when I saw the profit taking coming in today, I was very tempted to take profits and do a short sale strictly as a day trade, covering the short and buying back long for the weekend toward the end of the trading day.

But I didn't do it...chickened out.

Gerry