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


To: current trend who wrote (1982)9/15/1998 9:58:00 AM
From: Anthony@Pacific  Respond to of 3458
 
If the analyst has a vested interest he should disclose it, If that position changes he should disclose if it will or will not disclose it and he should be identifiable and truthful in his statements.

Never Lie!!!! or fabricate information..but provided the info is truthful...An anlyst can say what ever he wants provided he can in a court of law...back his claim of being a professional ananlyst who can point to a track record



To: current trend who wrote (1982)9/17/1998 6:09:00 AM
From: current trend  Read Replies (2) | Respond to of 3458
 
Turbodyne Announces Share Buy-Back Plan

Woodland Hills, CA - September 17, 1998 - Turbodyne Technologies Inc. (NASDAQ: TRBD, EASDAQ: TRBD) announced today that its board of directors has authorized the company to buy up to $3.5 million of its shares of common stock. The Company has approximately 41 million shares of common stock outstanding.

"The repurchase program demonstrates our confidence in the company's future and supports management's belief that the company's common stock is significantly undervalued at current market levels," said Turbodyne's Chairman Edward Halimi. "Additionally, at its current trading levels, we believe the stock is an excellent value and that the repurchase program will serve well our stockholders and the company."

"The actual number of shares repurchased, and the timing of the purchases, will be based on the company's stock price, general economic conditions and other factors," he added. "The company remains in a strong financial position. If share prices remain at current levels, we will look to make repurchases of our stock, which we feel is a proper way to maximize stockholder value."



To: current trend who wrote (1982)10/3/1998 7:37:00 AM
From: current trend  Respond to of 3458
 
Alleged Asensio Co-Conspirators Named in Suit

NEW YORK, Oct. 2 /PRNewswire/ -- Hemispherx Biopharma (Amex: HEB - news) today disclosed that it believes the unnamed John Does cited in the lawsuit that the company filed against Asensio & Company, Inc. may eventually include U.S. and Canadian trading firms such as Fort Hill Partners, Mesirow Financial Services, Inc., Flagship Securities, Inc., FSC Securities Corp., and Sharpe Capital, Inc., as well as other individuals which the complaint alleges negligently, recklessly, or intentionally engaged in unlawful short selling.

The RICO (Racketeering Influenced Corrupt Organization) allegations against Asensio & Company and its alleged co-conspirators include that the group undertook a purposeful effort to defraud investors by the illegal interplay of stock market manipulation (including illegal short sales) against a backdrop of creating falsified information, which Asensio & Company thereafter characterized as a ''research report,'' and thereafter widely disseminated through the U.S. mails and various media. The suit alleges that this reckless and misinformed report was highly damaging to the value of Hemispherx stock.

biz.yahoo.com

biz.yahoo.com