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Non-Tech : Recovery Engineering (REIN): PUR filter
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To: Wade who wrote (52)6/18/1998 6:32:00 AM
From: C.Carlos  Read Replies (2) of 67
 
I did a search on Lipper and was very impressed with the results. I suggest you just write his full name in any search engine and see for yourself.

I've heard they are doing fine on the EDI and that the cryptosporidium thing is ready to go. Prototypes will be out for testing soon, presumably, and the authorities already know about the product and are impressed. These are, of course, rumors.

In any event, volume has picked up somewhat and seems to indicate that something is going on. What interests me is that Lipper is an expert in raising money, so his joining the firm indicates that probably you will see a public offering of some sort. In that case, if they do it in conjunction with news about progress in the laser division and demand on the EDI, the offering price will be substantially higher than current prices. That means that anyone who is in the stock prior to the offering will benefit from it automatically. Just MHO.

BTW, what has happened to VCR? I sold 4,000 shares at $3.25 and was wondering if I should get back in. I know that many did not like the income tax benefit recently reported because it indicated that net income from operations was not as impressive, but, quite frankly, it seemed reasonable to me.

C. Carlos
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