U-Wink - Comments

[Haws]

Goods and all,

Do you look into spec companies such as Uwink? It's Bushnells new baby and the first restaurant seems to be doing farely well. I have a small position in it, but it was primarily because of Nolan's vision of the company (and from his ATARI, Chucky Cheese startups).

[Goods]

Haven't heard of it. Let me look it up in a bit and I'll let you know what I think. What's it about?

[Haws]

It's a new concept restuarant idea by Nolan Bushnell (who "invented" Atari and Chucky Cheese). They have one operational restuarant that can be seen on YouTube I think). I guess it gets pretty packed (I saw when they had news about the opening and the show 24 was playing).

I purely bought it based on his history and the concept of using touch screens and saving on labor as well as advertising on the screen. It's an interactive idea. They had a reverse split and plan on getting out of the OTC board... It's a spec play, it's under UWKI.OB.

[Goods]

It is a spec play for sure. I never like restaurant stocks myself but from a tech view, there's not enough volume to be able to move it if it tanks.
A small position is good if you believe it to be a good concept. If it catches, you can buy on the way up.

Has support at $4. I'd put a stop loss at $3.90. Good luck with it Haws!