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

To: RGP who wrote (4159)	5/18/1998 11:35:00 PM
From: Tom G	Read Replies (1) \| Respond to of 6467

From the Trooper Board; To: m jensen (1221 ) From: Tom McIlwain Monday, May 18 1998 2:03PM ET Reply # of 1223 Best of luck to you too, Mike and everyone else. I am not the enemy here and I am certainly not taking TTRIF's side against Trooper! Perhaps I expressed myself badly, but I am concerned that people on this thread seem to be taking it as a given that Trooper has already won, that everything will go their way and there is no possibility left that they won't go on to build hundreds of wildly profitable plants in Poland and elsewhere and make everyone filthy rich. I would like to see that happen as much as anybody else, but I believe Trooper is in a very precarious position here. They have a license for a technology whose owner is determined to be as uncooperative as possible with them. This is not a good position to be in, even if they do win the court case. Let's bear in mind that a comprimise decision will be of no use to Trooper. Half a technology will be no better than none from their point of view. Anything less that a complete victory on their part will drop the value of this stock to $.50 quicker than you can spell T-R-O-O-P-E-R. Please don't forget this! How many times in the past have we all thought that Trooper was a sure thing. Remember back when funding was to be provided by the Polish National Fund and the European Bank? That was supposed to be a sure thing, wasn't it? Until it didn't happen. What about the private placement that ICE Securities was arranging for us over in Europe? That was a no brainer as well. We all knew how that was going to work out for us and how successful Trooper was going to be. Until it didn't happen. Then when we got all those millions of dollars from Invesco (after the share price was manipulated from $3.00 down to $1.00 but who worries about that) well we all knew for sure that this play was a no brainer, right? What more could possibly go wrong? When I look over the history of this play I realize that, time and time again, this thing looked a sure thing, based on what we all knew. The problem each time lay in what we DIDN'T know. Each time something came out of left field and knocked down our whole house of cards. So all I'm asking people to do is remember that, no matter how well you think you know all the angles on this play, its the things you DON'T know about that you really have to worry about. And don't kid yourself - they still exist! Enjoy yourselves and place your bets as you choose, but don't con yourselves into thinking you know more than you really do because that's when you set yourselves up to be slaughtered. Back to lurking mode. Tom McIlwain