To: Rockingchair Man who wrote (2266 ) 12/10/1998 11:38:00 PM From: Far Side Respond to of 3458
Yahoo Longs, Thank you for all the kind words from you Yahoo investors. The support I have received today has been unbelievable ! I received calls and messages from all over the U.S., Canada and even a couple from Frankfurt and Belgium. FAS, Pmyers7,Death Valley Vet, upandup20, ballboy, havedone, Wonomi, Otto_Palidrome, TurbochargeGermany, Hshualy, spankerdo, Foxy lady, 2 cupsofjava , toonieboy. You guys have been super. Like you I am simply a TRBD investor who is concerned about the recent scarcity of material news combined with a sliding trading price. The situation we find ourselves in is not particularly good considering we have 2,000,000 shorts, its tax loss time, and we really haven't had a great deal to cheer about with the last two quarterly results. But there are valid reasons to feel good about being invested in Turbodyne these days but once in a while WE LIKE TO BE REMINDED. All I wanted to do was deliver a little reminder to Ed. that's it. It turned into an ultimatum. Now everyone just relax. I can assure you that no one on our thread is dumping their shares. Any weak knee-ed guys have left. Yes, those remaining are concerned because we have been in the dark while the share price has been drifting. We expect to see improvements in sales and profits in Q4. We expect to see progress in the commercialization of turbopacs, buspacs, and Dynacharger product lines. We expect to hear updates from management as we progress down the long road towards the execution of significant OEM agreements. But, lets remind ourselves that we aren't TTO anymore and we aren't back on the VSE. Furthermore we don't want to shoot ourselves in the foot. The SEC has strict rules on the content of news releases with respect to leading comments, referrals and implied statements by directors. Turbodyne, like every other publicly traded company, must abide by these rules and endure the strict scrutiny of the SEC. As well, in the auto manufacturing business, a sign of professionalism is how the company handles confidential information during negotiations. Turbodyne, as a relatively new player, is not going to jeopardize a future OEM deal by allowing an insider to slip something out during a delicate point of negotiations. We all know and respect that. But it doesn't help a drifting stock price. Sales and profits and knowing that there is future for Turbodyne which includes them is what we like to be reassured with from time to time. I look forward to the day we can flip our PCs on to a newly announced OEM supply and production multi-year deal with a major car-maker. That day will be very enjoyable for us longs. BTW, I want to thank all the shorties for their delightful messages of encouragement. Jim Dent