kl1gSoi5l on Tue, 15 May 2001 10:43:40 +0200 (CEST) |
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[Nettime-bold] STOCKPLAY: Buy Alert - NuElectric Corp. |
NuElectric Corporation Symbol: NRGE Exchange: OTCBB Recent Price: $1.30 52 Week Range: $.38 - 3.00 Shares Outstanding: 4.7 million Estimated Float: 1.3 million Thanks to President Bush, the dangerous level of arsenic in our drinking water has become a major issue.In a stunning reversal of their March position, the Bush administration announced on April 19th that they favored a substantial reduction in the arsenic standards, which will trigger billions of dollars in spending. One beneficiary of this boom will be NuElectric Corporation, a pollution control company with a patented process for safe arsenic removal. Timing is everything with low-priced stocks, and we believe there is a real buying opportunity for NRGE. The shares hit an all-time high at $3 in August as investors anticipated that the new Environmental Protection Agency (EPA) regulations would kick in by June 2001. Then a bear market deflated prices for technology stocks in general, followed by the initial March EPA announcement that sent NuElectric shares to a two-year low at 38 cents. We like the fact that NRGE has a small number of shares outstanding, with a tiny float of just 1.3 million. The company is debt free, insider ownership is approximately 30%, and they are a reporting company. Their business plan is to acquire environmentally friendly technologies developed at major universities. Their first buy out was Clean Water Technologies, owner of the process that removes arsenic. NRGE subsequently acquired Zorax, Inc., which has a patent-pending technology that extracts Cryptosporidium and Giardia from water. Our recommendation: Buy NuElectric shares at currant, looking for the stock to retest the considerably higher prices reached last year. Contact the company at (727) 942-8938 for more information. To SUBSCRIBE to the future announcements and to receive and to receive ADDITIONAL INFORMATION regarding the NuElectric opportunity, Please click on the link below and hit send. mailto:[email protected]?subject=INFO-NRGE?body=Thanks DISCLAIMER: An Affiliate of NuElectric Corp. paid a fee of $9,750 for the circulation of The Stockplay Newsletter. Affiliates currently own shares of NRGE, and may buy or sell shares at any time after the dissemination of this report. Nothing in this Newsletter should be construed as investment advice. This profile is not a solicitation to buy or sell, and this does not purport to be a complete analysis of the company mentioned. Purchase of this stock may be considered speculative, and may result in the loss of some or all of any investment made. Detailed information about NuElectric Corp. may be obtained on-line at various financial web sites. ===================================================================== REMOVAL INSTRUCTIONS: mailto:[email protected]?subject=remove-NRGE _______________________________________________ Nettime-bold mailing list [email protected] http://www.nettime.org/cgi-bin/mailman/listinfo/nettime-bold