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

To: Anthony@Pacific who wrote (2033)	9/29/1998 1:16:00 AM
From: Mike C2	Respond to of 3458

A@P, thanks for your reply Clearly, a strategy of converting shares in the float to a minority owner via share repurchase could only happen in an environment where the need for working capital is minimal. Until meaningful contracts with corresponding quantifiable sales are inked it will be tough to project the company's breakeven point. Don't know how you can pronounce that <Turbodyne has no real intention of buying back any shares > My point, and one I'd appreciate more feedback on, is that taking in cash and creating more dilution has been a failed strategy and should be avoided. Creating a new class of nontrading stock with appropriate down the road sweeteners makes more sense to me. Am I making any sense? MikeC