Why I think WEGI has good potential as an investment:
* Mike O'Reilly built this company originally and later sold out to new managers who ran the company down. They are out of the picture now, and Mike is back in, doing what he did before, making the company profitable again. There has been a big turnaround in profits because he knows this industry and the people in it.
* Earnings (net profits) are on the rise. If they continue the way they are now, this stock should be selling up in the range of $2-10. Quarterly reports are due out soon (This is an SEC reporting company). I do not know how the financials will turn out for the next quarter. However, the company made cost cuts in the last quarter and their sales appear to be on a gradual increase.
* At a current stock price of less then 40 cents and a small public float, this is a substantial operating company. The web site which is under construction at interoz.com provides some insight as to how substantial, with press releases, a company newsletter , information on company services, and even project references including contact names.
*Insiders, specifically Mike O'Reilly, acquired considerable stock towards the end of 1998 (In November). From what I can tell, he has never sold any of his stock. The large majority of insider trades have been acquisitions.
* Finally, environmental awareness and the need for companies such as WEGI (Windswept Environmental) are on the increase. This is a growth industry.
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