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


To: current trend who wrote (2051)10/13/1998 4:59:00 PM
From: Q.  Read Replies (1) | Respond to of 3458
 
I noticed today that Turbodylution's web page no longer features an audio recording of an interview with Halimi. This audio recording was there as recently as a month ago, when I last checked.

This was the interview when, after stumbling through his responses to very simple questions, Halimi claimed the co. would have $200 M of revenue in 1998, on top of the revenue from the wheels.

Guess it isn't going to happen, huh?



To: current trend who wrote (2051)10/16/1998 5:42:00 PM
From: Far Side  Read Replies (1) | Respond to of 3458
 
So things are pretty quiet on the old SI TRBD thread.

Not like the old days back in July.

Hmmm, anyone out there got any idea what they will come out with next ?

Jim



To: current trend who wrote (2051)10/22/1998 2:12:00 PM
From: current trend  Read Replies (1) | Respond to of 3458
 
EPA may settle with diesel engine makers

NEW YORK, Oct 22 (Reuters) - The Environmental Protection Agency is expected to impose its biggest civil penalty ever against makers of diesel-truck engines for violations of clean-air standards, according to officials, the New York Times reported Thursday.

If approved, the settlement could cost the companies close to $1 billion dollars before taxes and significantly reduce future pollution from diesel trucks, the report said.

EPS and Justice Department lawyers have been putting together a deal with several engine makers that would force the companies to pay large fines and accelerate bringing to production cleaner engines, the report said.

The companies are also expected to take other steps to offset the excess emissions produced by as many as a million trucks with engines that the government says were designed to evade pollution standards, the report said.

One of the companies, Cummins Engine Co (NYSE:CUM - news), said Wednesday the talks seem to be near an end and that governnment officials said they expected a settlement as early as Thursday.

Persons briefed on the settlement said it did not require that the trucks be immediately recalled and modified, the report said.

Instead, the EPA wants to use some of the money from the settlement to pay for changes to the engines when they wear out and have to be rebuilt, typically after several years or a few hundred thousand miles of operation, the report said.

As many as a million trucks are involved, built in the last decade by serveral firms, including: Cummins, Detroit Diesel (NYSE:DDC - news), Mack Trucks, Navistar International Transportation Co., Caterpillar (NYSE:CAT - news), Renault , and Volvo, the report said.

It is unclear which companies may be included in this settlement, the report noted.