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


To: Jack Russell who wrote (3110)4/17/1999 4:16:00 AM
From: Mike C2  Read Replies (1) | Respond to of 3458
 
how toxic?

Based on the company's prior financing (late summer '97) which ended up putting pressure on the share price, i'd be surprised if the company was travelling down the same road.

I would expect that when the details are released that the holder has no ability to short (could be all wet here). The kicker for the debenture holder will be the warrants and the opportunity for gaining a significant chunk of the outstanding shares based on the share price so recently damaged.

The downside obviously is more share bloat. I'm still looking forward to reading the consolidated statement of shareholder equity for the previous year.

It's tuff to be cheerful against an obviously negative tide of news, blunders, and gloating by shorts.

Perseverence furthers

MikeC