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Non-Tech : Unique Mobility, Inc. (UQM)
UQM 1.7100.0%Jul 31 4:00 PM EDT

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To: WALT REISCH who wrote (54)11/26/1999 9:03:00 PM
From: Laszlo  Read Replies (1) of 107
 
Hello,

I've been watching and trading UQM for several years, and have recently become interested again after seeing the depressed stock price in the face of consistently rising revenues. It looks to me like the stock has reached a bottom here in the $3.50 range.

I bought in today at $3 7/16 and have a GTC order for a couple thousand more at $3 3/8 in case it dips a little further. Looking at the 5-year chart, it seems that this is always the low, and the stock makes regular excursions over $5. At least that's what I'm betting on ;-)

I've reviewed the financials and press releases for the past several months, and don't see anything that alarms me. I do wonder if anyone here knows why Iacocca sold so many shares this year?

UQM has a lot of good things going, they just need to start showing a profit...whatever that takes. If revenues keep rising like they have been, I believe profitability is just around the corner.

Laszlo
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