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Technology Stocks : UREC - URECOATS INTERNATIONAL (formerly WINA) ready now
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To: King David who wrote (196)3/15/2000 11:08:00 AM
From: Steve Rodio  Read Replies (1) of 199
 
I'm still a believer ... we'll see whether this is for real within six months. Can't blame anyone for being skeptical, how many times have we all heard claims of a "revolutionary" new product that doesn't pan out for one reason or another? And some of the "we're all gonna get rich" stuff on the RB boards makes me want to run. But I've gone over the most recent 10Q carefully, and don't really see any red flags. Sure, its a development stage company, financials are consistent with that, but otherwise nothing to raise red flags. And unless their press releases are pure fraud, they do have a product, they have applied it to both a roof and a parking lot with the new delivery system (apparently a problem in the past getting the sprayer to work properly), and they are in the process of obtaining Dade County certification. I'm going to sit on my 35% paper profit for a while, knowing full well that this is risky proposition. Would appreciate thoughts from others Steve
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