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

To: Saverio who wrote (383)	5/2/1998 11:07:00 AM
From: ASHLEY5	Read Replies (1) \| Respond to of 1208

Extra 140 CAC units per month resulting from Road King contract. This was confirmed by Grant Robertson of the Buy Low, Sell High ! newsletter yesterday. This is probably the start of a growth pattern with new contracts with OEM customers. The growth rate should be exponential with an increase in EPS to accompany this. Once the company can show the OEM's that it has enough production capacity to meet the demand I believe additional contracts will be procured more easily. This will be accomplished in 3 more months when the new plant is operational. The projected EPS for the March 31,1998 year end are at least $.18 and with a very conservative P/E ratio of 12 the share price should currently be about $2.16. I think it is a bargain at the $1.75- $1.85 range based on potential for this company.