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Strategies & Market Trends : Stock Watcher's Thread / Pix of the Week (POW) -- Ignore unavailable to you. Want to Upgrade?


To: GERBER who wrote (4980)3/25/1999 11:16:00 PM
From: Stock Watcher  Read Replies (1) | Respond to of 52051
 
GERBER: on TEVT; last .20/unch. on 41k shares; SEC filing on 2/9/99 says, "sales for the first 6 months of fiscal 99'decreased by 25%; continued operating losses and monthly debt service requirements leave the company in a position where it is UNABLE to meet monthly cash flow requirements".

sec.yahoo.com

TEVT's product "Morfoam" is a chemical additive that decreases weight of plastic by 60%. Dupont, 3M and other major players have to be light years ahead of this company. They also claim to be profitable, but, they have no money to pay their bills. There are much better ones out there....best regards, sw



To: GERBER who wrote (4980)7/13/1999 11:01:00 PM
From: Red Arrow  Read Replies (1) | Respond to of 52051
 
I'm curious M. Gerber- what happened to Morfoam, you were very high on TEVT, then nothing at all. Do you know something we all should know? Please share your insight.