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

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To: C.Carlos who wrote (7)7/8/1997 9:57:00 PM
From: Wade   of 67
 
Thank you. I have been following this stock since its IPO at 1992, as I recall. I missed the initial entry point. Finally, I found it early this year. Lucky me.

REIN has only 4.5 million shares outstanding and 2.7 million shares float. So, it is easy to move this stock. The shorters were covering during the last several months. Now REIN is breaking out 2 year high. Its all time high was $23. We will see no overhead supply after we clear that resistance. Just hope they will announce some good news soon. Today's volume is very encouraging. We will need all of the luck.

sincerely,
Wade
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