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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 (629)	2/8/1999 5:48:00 PM
From: Far Side	Respond to of 1208

<Have you heard anything about ALLIED SIGNAL? > ai-online.com

To: mike wood who wrote (629)	2/9/1999 12:55:00 AM
From: Edward W. Richmond	Read Replies (2) \| Respond to of 1208

Mike, TCT management would not be in a position to comment on any Allied Signal action. I don't know where we could verify the rumor. I tried to project a probable earnings forecast for Q3 but found it hopeless. Maybe someone else can see a way to make a semi-educated estimate. The figures I used were as follows. 1998 Year End - $0.08 per share, fully diluted, after taxes Q1 - $.03 per share as above Q1 and Q2 combined - $.03 as above. This equates to almost breakeven for Q2. Q2 had extraordinary items involving the move from Lincoln ($261,000) as well as the interruption in production caused by the move. Also our earnings are now taxable. I would be very interested in any estimates or rumors of Q3 earnings. Regards, Ed