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Non-Tech : Recovery Engineering (REIN): PUR filter

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To: C.Carlos who wrote (3)7/3/1997 10:45:00 PM
From: Wade   of 67
 
CC,
Yes, it is pricy for a company has no income. It is an very speculative stock right now if one do not know the strategy of this company. They are sacrifice the income to prusuit high growth potentials. The bottom line of their business is market share. Once they can hold onto the share, the income will roll in automatically. The most profitable business is the repalcement cartridges. The business profit will be building up very quickly once the number of their customers break through a critical mass. They are not there yet, that is why we do not see profit. The stock price is reflecting its speculative value to a certain degree. I do not think any one buying it without knowing the potential. Anyone do not want to buy it at this price will have to pay more when all of the facts are available. You need to convience yourself if you have done enough research before buying any stock. My profession is very close to their products, so I know a few things about them. But, please do not take my words for it. The stock price is not cheap at this point. I need some input from any lurker who knows this company...or just make some comments.

Sincerely,
Wade
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