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


To: current trend who wrote (2764)1/24/1999 4:42:00 PM
From: LTK007  Read Replies (1) | Respond to of 3458
 
<<My high ranking sources at Turbodyne have
informed me that he has been served by registered
mail, which is acceptable for an out-of-state
entity.>> I love stuff like this--as if high-ranking sources
at TRBD give it credibility---I would say the higher the rank the less creditable--more and more I am finding a major warning sign for scam stocks is one where we have " the management told me etc.blah" type of posters



To: current trend who wrote (2764)1/24/1999 6:20:00 PM
From: Nathan Hansen  Respond to of 3458
 
Thanks, Current. I keep getting this nagging feeling that "conspiracy" by shorts may a "theory of merit".

eom



To: current trend who wrote (2764)1/24/1999 8:18:00 PM
From: Greg from Edmonton  Read Replies (4) | Respond to of 3458
 
I will reply here as a interested bystander who holds no position on TRBD stock. I have a good technical understanding of engines as well as turbocharger and supercharger systems and fuel injection. I have just recently stumbled onto this thread and have read the recent news releases and looked over Turbodyne's website.

The only real advantage that Turbodyne's products provide over a normal turbocharger is quicker boost (or reduced lag). At the expense of increased complexity and, of course, cost.

I am quite skeptical of Turbodyne's products real-world marketability.

Turbo lag? Faster boost times are available with the newer design turbochargers with variable A/R ratio turbine housings. The most state of the art example that I am aware of is the VATN Aerocharger by Aerodyne, which requires about half the response time of a conventional turbo (lag time reduced to half). Aerodyne Corp.: 716/345-0055, Fax 716/344-5623. I don't know if they have a website, and I am unaware if the VATN is currently being used in any OEM applications.

And as for Turbodyne's claims of "excessive fuel and not enough air... during acceleration in stop-and-go traffic", any Electronic Fuel Injection system like Volkswagen's TDI (Diesel) system allows very precise metering of the fuel (dynamically, with changing engine requirements). Others are catching up, I assume that the big trucks are still largely using mechanical-based injection control rather than electronic control.

Potential customers?

Maybe, and Limited:
Urban buses (thru test program evaluation).
Large trucking fleets (limited test evaluation).
Aftermarket suppliers serving niche customers.

Very Unlikely (IMHO):
OEM manufacturers (cost / complexity issues)
Marine and other near-constant duty applications (see explaination below).

OK some of the above info is quite involved for the non-technical people. Assuming you can understand the concept of turbo lag, here's why I believe Turbodyne's products are not viable as a long-term investment: Because turbo lag problems are not an urgent issue for OEMs! Also, there are alternative solutions to driveability and pollution control that are better integrated in new products. These advances come in the form of newer turbo designs and modern electronic engine management systems. Some examples:

- the VATN turbo mentioned above (reduced lag thru improved turbo design)
- electronic fuel injection, even for direct-injected and diesel-fueled engines (e.g. Volkswagen's TDI).
- detroit diesel electronic throttle control in 'cut-and-thrust' driving (driveability)
- The european ford escort rally cars use water injection and severely retarded ignition timing to maintain turbo boost. As a car guy, I am quite interested in seeing some use of electronic water injection although this application is certainly not for everybody and I would likely steer clear of it as an investment opportunity.

One doesn't have to think for more than a second on this one, I believe that marine applications would have negligible use for Turbodyne's products. Why? Because turbocharged marine engines are under power almost constantly, boost lag is quite literally a non-issue.

Somebody help me out here, I cannot clearly differentiate amongst Turbodyne's product lineup.

Turbopac: electrical supercharger
Dynacharger: turbocharger with electrical assist
Turboflow: how is this product different from the others?

I really couldn't find any info as to what the Turboflow does, and its website picture looks like a very low-tech casting. For all I can tell, the website picture of the Turboflow could even be a picture of a centrifugal pump housing.

I wish you all best of luck with your investments, whatever side you might be on. But my gut tells me that Asensio will come out ahead on this one. Invest only in what you can understand, it worked great for Warren Buffett.



To: current trend who wrote (2764)1/25/1999 3:54:00 AM
From: Mike C2  Respond to of 3458
 
Undelivered promises vs. the shorts' rush to judgment

What a sad state of affairs when those with short interest pile on having no clue
outside of an, as yet, unresolved trading halt: "The Market Authority has also notified Turbodyne
that it plans to initiate disciplinary proceedings against the company for, among other things,
allegedly issuing a number of press releases which contained false or misleading price
sensitive information to the market...Potential sanctions which could result from disciplinary
actions include a range of options, up to the withdrawal of admission to trading of Turbodyne
shares." (Easdaq, 1/22/99)

"Nasdaq has advised the company of its initiation of proceedings relating to a possible
delisting of the company's shares.

The company has arranged for a hearing with Nasdaq relating to this matter and intends to
request a hearing with Easdaq relating to the potential withdrawal of admission to trading
in that market. Management of the company strongly believes that it will make a compelling
presentation for continued listing. " (Business Wire, 1/22/99)

Oh wise shortmeisters with their presumptive crystal balls please tell me how the
company attracted the following executive staff if all they are about is fraudulent stock promotion?

Dr. William Woolenweber, Exec.V.P., Chief Engineer Dynacharger Program
formerly headed the design, development and application of turbochargers for Cummins Engine
David Willett, Sr. V.P & Chief Engineer, Electronic Power Systems
developer of the TRBD Electronic Controller Module (ECM)
Dr. Peter Hofbauer, General Manager of Technology
former Executive Director of Engineering for Powertrain Systems, VW AG.
Walter Ware was appointed Chief Executive Officer and President of
the Company. former Senior Vice President and Corporate Officer of Detroit
Diesel Corporation and as a director of several of its subsidiary corporations.
Prior thereto, Mr. Ware served in several senior management positions with
the Garrett Automotive Group division of Allied Signal Corporation including
Group Vice President, North American Automotive Operations, Managing
Director Garrett Automotive - Europe and Chief Technical Officer.
Gerhard Delf, Sr. V.P., Dynacharger OEM Programs
last position held as Chief Engineer for Powertrain & Emissions of VW America
Dr. Anatoly Mezheritsky, V.P. for Emission Technology
author of 9 books and 96 scientific articles on turbcharger and diesel technologies
Duane Rosenheim, Chief Operating Officer. for the past six years, Mr. Rosenheim
was an independent consultant working primarily with the Company to develop
its prototype product which has been incorporated into the Turbopac-TM- and
Dynacharger-TM- products. Prior thereto, Mr. Rosenheim served in several
positions at the Delco Electronics Division of General Motors Corporation including
Quality Engineering Manager and Manager of the Quality, Manufacturing and
Operations Administration Departments.

I'm not trying to excuse the founders, Halimi and Nowek, who may have anticipated
commercialization of TRBD products before the market was ready, but I'll withhold
judgment until specific accusations are publicized and the company responds.

If I could choose a long or short position, and the market was liquid, I'd probably rather
be short. But with trading halted, and no assurance that trading will resume before
OEM announcements are made, I guess I'd be more than a little nervous, too. So...
let the shorts keep chanting how the stock is toast. That's just as unreasonable as a long
assuming that the regulatory process will uncover the truth and let the company resume
business as it's been.

It's a sad state of affairs that the reign of small mindedness forces us all to wade through
unceasing drivel instead of reasoned discussion of the company's strengths and weaknesses.
For my part, I don't understand why the company would announce an OEM deal on three
classes of engines with a manufacturer (M.A.N., we thought) for the 1999 model year,
and we are into January with no announcement yet.

I am also concerned about potential news leaks in Germany that, for example, forced the
company to announce the Trans Business Group Russian purchase order after a volume spike
and gap in stock price last June. If, in fact, company personnel were involved, maybe they
should be impeached :)

I'm glad John G. has identified himself as an Asensio wannabe and will reiterate my hope
that those who've made libelous comments about TRBD will get what they deserve. If it
turns out to be a profitable cover, so be it.

MikeC

Can anyone confirm a scheduled Wednesday meeting in Brussels?



To: current trend who wrote (2764)1/25/1999 6:44:00 PM
From: current trend  Read Replies (2) | Respond to of 3458
 
What would happen if?

Turbodyne meet with EASDAC and resolved the problems
and Turbodyne then delisted from EASDAC so that it
wouldn't face conflicts between EASDAC and NASDAC again.

Turbodyne then meet with NASDAC to satisfy NASDAC
that there are no problems with the company, and then got the
O.K. to resume trading.

Turbodyne makes a major positive announcement prior
to the reopening of trading next week.

Just a thought--- prompted by Linkow99--- on Yahoo #13032

CT