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


To: David Wiggins who wrote (1562)8/5/1998 9:25:00 PM
From: Hungry Investor  Respond to of 3458
 
David,

Just checking. There are so many boutique firms out there, I can't keep them straight (or even remember them all).

Thanks.

Scott.



To: David Wiggins who wrote (1562)8/5/1998 11:03:00 PM
From: Axxel  Read Replies (2) | Respond to of 3458
 
Janssen/Meyers is a NYC-based broker. They have had "strong buy" on Volkswagen [VLKAY] since the winter at $12 3/4 [adjusted for the recent 10:1 split in the ADRS] and became attracted to Turbodyne because of the VW connection. Analyst wanted to recommend the stock but felt that he had missed it because it had moved off the base...when the stock crunched $10 and back into the base...the "strong buy" was issued-J/M a long-term player & announced via Bloomberg that the one year price objective would likely be a successful test of the recent high..[the recent high was $17 1/8]...obviously, if there is news regarding any strategic alliances, then the time frame could change. Remember, major all-time TOPS are made when short sellers finally panic and throw in market orders. Shorts are not covering here...try $20.....IMHO, of course...
It looks as if opportunity knocked here...it's just that they knocked so hard, they knocked the door down...
Best possible regards,