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Technology Stocks : UNVC......UNIVEC, Inc.

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To: Gary E. Johnson who wrote (30)5/6/1997 9:40:00 PM
From: r. peter Dale   of 60
 
I tried calling once but didn't get through. In my experience, a stock that has had a runup like UNVC goes through a correction period where AT LEAST half of the gain is lost. All bets are off regarding the time frame of this, especially in the case of an IPO. I'm not selling; however, we all agree on the highly speculative flavor of this one so why generate a tax loss now. They'll be plenty of time and opportunity later.

Is Paul Levy's info proprietary or could you reveal his pearls of insight? And still no comment about United Capital Corp? Our we placing our heads in the sand?

Peter
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