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Technology Stocks : Thermo Tech Technologies (TTRIF) -- Ignore unavailable to you. Want to Upgrade?

To: DDS-OMS who wrote (5448)	4/22/1999 5:14:00 PM
From: Nicholas P. Acquaviva Jr.	Read Replies (1) \| Respond to of 6467

Agreed! It's going to be a close call Gary. Question: Is Kevin taking over the reigns of ttrif or ThermoTech Ventures? Nice to read your name again.

To: DDS-OMS who wrote (5448)	4/23/1999 9:49:00 AM
From: Zeev Hed	Respond to of 6467

Gary, to resuscitate the company and get access to the "pending" $200 MM debt will require restructuring the company and get some funds in. Typically, a lender would want to see the borrowing party put up at least 20% equity or $40 MM of its own, maybe that money can come from the venture, but if not, you are looking at a lot of additional shares printed. I still would like to see a single plant operating with a positive cash flow after debt amortization. I do not think that any of the plants are in this condition. If that is the case, then the "business model" for TTRIF is faulty. Zeev