uWink Inc. (UWKI)

[the big guy]

hehe.. technology is my forte, my friend!! No, I have a fully-equipped domicile with all the modern conveniences. I did know something of this, it just was not foremost on my mind. What I did know is that this stock was going to be driven by restaurant openings, not technology, and that is all I was interested in posting about right now. I have been busy with other stocks for about a year, and just been watching this with mild interest. Hence, I do not even know the locations of the new restaurants. Is there going to be one in the Promenade and is it near Santa Monica? I am really not up on it...

In looking at this, it looks like a standard writeup from a vendor about their product. It is wonderful, going to be a killer app, and if correctly configured, will also make toast. It all sounds wonderful, but I would think there is lots of competition in this space. I see nothing that gives uWink a clear advantage. Don't really know, that is what I think.

I have focussed on technology stocks because that is my background. I like to think I know what makes money and what does not. I have learned to put a bit of a filter on data coming from vendors, because that kind of information, as well as financials, is always biased towards them. Under normal circumstances I would not buy anything that I could not look at financials for on some unbiased web site.

This is a restaurant play, the technology is a sideline which might works out. I read somewhere that everything uWink is doing has been done before, just not in one package.

So, I have done pretty well over the last several years in terms of picking some winners in the technology space. I would not include UWKI in that category right now, just IMO. It does not leap out at me. But it certainly is cool stuff..