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Re: bigjake post# 731

Saturday, 11/24/2012 10:26:38 PM

Saturday, November 24, 2012 10:26:38 PM

Post# of 1747
BigJake, good question.

That's the problem with UGSI and similar non-reporting companies. I read Andy's quarterly letter; read their website for new projects; search the web for new or proposed slip-lining projects (regardless of whether UGSI might be involved in them) to gauge the interest in slip-lining and particularly fusible pipe; and any discussion by government entities or companies who are considering pipe replacement or upgrades towards attempting to identify whether these entities are letting loose of funds. Not very scientific, but its all we've got. But if you believe the post-project reports of UGSI's past projects, they have been successful. I am a believer that "success breeds success".

I still believe the demand for UGSI's products is more than huge. Pipes all over this country and the world are deteriorating as we speak, and many need immediate replacement or upgrading of some type. UGSI has, in my opinion, the best product for many of these cases. I firmly believe that the only thing in the way of UGSI breaking out big is these pipeline owners letting loose of the purse strings.

BigJake, its the agony of investing in these sorts of companies. Roll the dice and see what happens - if you are so inclined.

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