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Author: smlmedlge Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 73  
Subject: Re: TurboChef's Fiscal Year Warmed Over Date: 4/29/2006 1:34 PM
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Hi Gramps,

Seems we share the same strategy.

Some thoughts for your consideration. Lots of growing, management pains but.... This is a stock hopefully, in inning 1 of a 9 inning ballgame. As such the financials are largely in the red, but progressing in a positive direction. They have the fastest oven on the market i.e technology leader, a growing commercial market which is in the very early stages of development, and a new Residential product launched last week. This product will now begin to be placed on the shelves of Kitchen and Bath sellers around the world as a new item and retail sales will begin in the 4th Otr this year. It is a proven success in the commercial market. Unless, the Residential oven is a complete bomb, the residential market is so large(approx 7 Billion), that a very small percentage of sales will result in huge increases of revenue flow for OVEN 24 months. The growth rate could be in the first few years over 100% per year sales growth! And if the oven technology is accepted as the new, faster, more convienent standard for all ovens, OVEN could see its patents become very very valuable as perhaps GE and others want to use the technology in their lines or the company could be sold for a handsome profit.

I think the weak spot is the management team, as they have a history of developing companies like this an moving on...which may be the very best thing for the company if one wants to hold for the very long term.

wait an see.......
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