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Strategies & Market Trends : Bill Wexler's Profits of DOOM -- Ignore unavailable to you. Want to Upgrade?

To: Waseem Noor who wrote (4166)	1/11/1999 1:38:00 AM
From: Kevin Podsiadlik	Respond to of 4634

TRBO's fate is 100% in the hands of Maytag. If they decide, for whatever reason, that TRBO's tech is not for them, you can kiss your investment in TRBO goodbye. And if that does happen, there will be no time to get out. See, for example, the fate of ADDM one day last May, when Wal-Mart told them thanks but no thanks... quote.yahoo.com Best case scenario for TRBO is Maytag likes them enough to buy them out. Given their one-on-one relationship, I wouldn't count on much of a premium even if that does happen. Only Maytag know what the chances of that are anyway. TRBO is not an investment, it is a gamble. Turbochef will be the story of mid to late 1999 as well as 2000 . Read back on the TRBO thread. They were supposed to have been the story of 1997. They failed miserably. Their success is no longer theirs to determine. That is not where you want to be.

To: Waseem Noor who wrote (4166)	1/11/1999 2:24:00 AM
From: Bill Wexler	Read Replies (3) \| Respond to of 4634

Turbochef is grossly overvalued and will again collapse to the low single digits. Basically I short this stock whenever it gets pumped to the double digits, and cover when it collapses. Turbochef's bogus "technology" has nearly zero commercial acceptance. This isn't surprising since it is nothing more than an overpriced microwave oven. The Maytag 'deal" is a red herring. Turbochef's stock promotion fraud involves touting itself as a "technology" company rather than a useless appliance manufacturer. Turbochef - though it still is squeezable - is a dead lock short. The fact that Turbochef stock touts have begun buzzing my thread probably means we've reached another top.