uWink Inc. (UWKI)

[gasjockey]

2nd time at uWink today. Had lunch there with my wife who has been skeptical of me investing in this company... until today! She really liked the menu interface. I nearly had to drag her away from the games which were quite addicting, especially the one called Shanghai something. She literally played it for about an hour straight. She also really liked the food especially because she was able to modify it with all the dressings on the side, coke with lime instead of lemon, etc... Noticed that they added on screen functions to place "to go" orders which they didnt have last time. Saw Nolan Bushnell there again walking around observing people. We had a late lunch around 2:30 pm today. The place was about half full. We left at about 4pm and walked around the mall and shopped for a while. We left the mall at 7pm. As we walked out, we walked past uWink and saw a crowd standing outside waiting to get it. The wait for a table was about 20 mins. The place was packed! They still didnt have any games that could be played against other customers at different tables. I asked about this and they said to give them about a month. I also asked one of the runners about other locations and all he could say was "We're going worldwide." They still didnt have any of the movie trailers up. Thought they would have had more games and content by now. Listened in on other customers talking about the interface... especially about the drinks... and one lady in her late 30s said really loud "How cool is that!!!" Today I lost all reservations about this company. I saw a full restaurant and people really enjoying themselves. If only I had more money to buy shares.

By the way, while walking around the mall, two young girls came up to us, offering free desserts at a "new concept" restaurant. They had menus that they were handing out. They were from uWink. I told them we just came from there and that I was a stock holder. They said that they were all stock holders too (they couldnt have been more than 17 years old). I could tell they were very happy to be stock holders.

I took some pictures at about 7pm which I will post here:

http://www.flickr.com/photos/31367376@N00/

Video from my phone... starting from the back of the restaurant where the restrooms are and going to the front of the restaurant. Sorry for the choppy images but I didnt want to seem to conspicuous about what I was doing.

About us: Wife and I both in mid 30s (grew up with Atari), both physicians, living about 1.3 hours away from Woodland Hills. Started buying at about $1.40.