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

To: Q. who wrote (1679)	8/10/1998 9:19:00 AM
From: Q.	Respond to of 3458

Example of TRBD hype that was never fulfilled: 20 k turbochargers to be sold in Europe in 1997: excerpt from the German business newspaper Handelsblatt: 20.09.97 (translation appears below) Turbodyne investiert 100 Mio. US-$ in Eisenach. Der US-Automobilzulieferer Turbodyne Technologies Inc. will 100 Mio. US-$ in Eisenach investieren, um in Thringen Turbolader zur Nachrstung von Pkw und Erstausrstung von Lkw zu produzieren. Von Eisenach aus soll ganz Europa beliefert werden. Laut Edward Halimi, Grnder und Pr„sident von Turbodyne, garantieren dieses Jahr Vertriebsabkommen die Abnahme von 20.000 Turboladern in Europa. (97-36.01-06) my translation: The US automobile supplier Turbodyne Technologies Inc. wants to invest $100 million in Eisenach, located in Thuringia, in order to produce turbochargers for the after-market passenger car market and the OEM truck market. Eisenach will supply all of Europe. Edward Halimi, founder and president of Turbodyne, guarantees in the Marketing Agreement this year 20,000 turbochargers in Europe. Original URL can be found here: ddd-online.com I'm just curious where Turbodylution would come up with $100 M anyway.