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Microcap & Penny Stocks : Rocky Mountain Int'l (OTC:RMIL former OTC:OVIS)
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To: J Krnjeu who wrote (26815)12/12/1997 8:00:00 PM
From: David R  Read Replies (3) of 55532
 
It seems everbody thinks I am diss'n bottled water. I have seen the crud in the municipal water supplies out here. I would not touch the stuff.

The truth is, however, that even "spring water" is not really safe. half the sellers of "spring" water sell filtered tap water. Even real spring water is not necessarily safe. Naturally occuring pollution is more prevelant than man-made pollution. I drink distilled water, the only guaranteed pure water you can get. RMIL has no advantage with distilled water.

When we are talking about water markets in Asia, I do not think that Levis can be used as a comparative. I do not see RMIL as having any advantage overseas. The most expensive bottled water I have seen is from France (Evian). Most others sell at 1/2 the price. And certainluy there is no status associated with RMIL that would compel anybody to pay a premium. So RMIL would have to compete with local Asian providers of bottled water without being able to charge a name-brand premium.

I personally believe that distilled water will increase in popularity as it is the only truly pure water. Everythiong else is tainted (even Perrier). And RMIL, regardless of where they sell their water, will be competing in a very competitive comodity market, where only the truly strong will be able to survice. Looking at the available info, RMIL does not look like a contender in a "survival of the fittest" environment.

David
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