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


To: Far Side who wrote (2322)12/19/1998 4:23:00 PM
From: Far Side  Respond to of 3458
 
More TRBD comments from TokyoMex's SA

Message 6900438



To: Far Side who wrote (2322)12/19/1998 8:02:00 PM
From: Nathan Hansen  Respond to of 3458
 
I'd be happy with anything between $5.00 and $6.00.

:>)



To: Far Side who wrote (2322)12/20/1998 2:05:00 PM
From: Mark Marcellus  Read Replies (2) | Respond to of 3458
 
In all the fuss about Tokyo Joe, Ascencio, et al, this seems to have escaped attention:

biz.yahoo.com

I'm not an expert on Turbothingies, so maybe I'm missing something, However it seems to me that a company which has real sales of turbothingies as well as a large and profitable division which makes other components, has just been acquired for .86 times 1998 sales. You can make any kind of wild eyed guess you want about how many turbothingies TRBD will sell next year, but it seems to me that the number would have to get pretty high to support even the current valuation with that kind of multiple.

Based on this comparison a short of TRBD would look pretty tempting if Tokyo Joe does manage to pump up the share price. Of course that's assuming I'm comparing apples to apples (or oranges to lemons ;-) )

FWIW,

Mark

P.S. If anyone cares I am not, and have never been, either long nor short TRBD although my bias is obviously to the short side.