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Non-Tech : Recovery Engineering (REIN): PUR filter -- Ignore unavailable to you. Want to Upgrade?

To: Wade who wrote (48)	6/2/1998 9:29:00 PM
From: Wade	Read Replies (1) \| Respond to of 67

To all, I am glad that I waited for a few more days. I almost bought the top<G>>. I wonder what was the reason for this slide, even though I know this stock is getting too speculative. It is kind of hard to predict the long term trend at this point. I still think the $1 target is the key for me to return to this stock. I like this company, but I can't sleep if I own it. Good luck to all. Sincerely, Wade

To: Wade who wrote (48)	6/15/1998 12:03:00 AM
From: Wade	Respond to of 67

Apparently, there are enough people believing this stock was overly extended. What we are seeing is an very good shake out and a badly needed correction. However, the new ball game is very complex at this point. I will be watching its development in the next several months. May be we are ready to buy again. However, where is my $1 earning? Can this company continue to grow? I believe so. But, how much of the growth can they generate from the drinking water business? Is its momentum really slowing down? What is the most reasonable strategy to revive its growth momentum? REIN has no other filtration products to soften the blow. This company is more volatile than most of the filter company. The best pick is CUNO in this sector, IMHO. CUNO is slightly overly extended. However, it is the-new-kids-in-the-block. I believe it will do well in the next 12 months...just MHO. Sincerely, Wade