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Gold/Mining/Energy : Thermal Control Technologies Corp TCT (was Redux Energy) -- Ignore unavailable to you. Want to Upgrade?

To: mike wood who wrote (581)	1/15/1999 3:12:00 PM
From: mike wood	Read Replies (1) \| Respond to of 1208

What in the world is going on?The bid is .65 and the ask is .99.Is this a misprint or are we going uuupppp?

To: mike wood who wrote (581)	1/16/1999 11:05:00 AM
From: Edward W. Richmond	Read Replies (1) \| Respond to of 1208

Mike, I do agree that the company could be more aggressive in its Investor Relations. However, I did speak to Cameron Schuler at TCT. This bond issue has a completion deadline of February 9th. He suggested that there were other options they had looked at that would meet their need for working capital if the bond issue didn't close. I am adding selectively to my positions in some of our small caps. However, I am not willing to invest further in TCT until the company cleans up what I see as a financial mess. I do think they can and will resolve the problem. Their profitability is certainly a strength. I'm not selling at this point. Regards, Ed