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Technology Stocks : Worldwater Corp -- Ignore unavailable to you. Want to Upgrade?


To: Wskymn99 who wrote (78)6/7/1999 1:20:00 PM
From: Dave Gore  Read Replies (1) | Respond to of 384
 
Well, they are fully reporting, but the key to WWAT and the only reason, imo, the stock price is so low, is that they have not gotten big contracts until now. There are lots of contracts pending.

The sales cycle is long but the end result is well worth it, since these contracts are huge. I expect more and more contracts to come, and eventually the revenue and profits should be impressive.

This is a stock to take a long term position and put it away, imo. I am not looking for a double or even a 10-bagger. I am hoping for something beyond that, so I am planning on holding for one year minimum. I have no idea if they can do it or not. I think the next 2-3 months will give us a great idea of how fast more contracts will roll in and how fast revenues will roll in.