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

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To: Gary E. Johnson who wrote ()7/9/1997 7:57:00 AM
From: r. peter Dale   of 60
 
Gary:

1) I'm back in the warrants as of yesterday. I will continue to purchase them today. I'm beginning to believe that the wild gyrations during the last couple of months were due to the inherent instability of an IPO whose price was initially driven skyward so rapidly.

2) The company appears to be gaining the necessary political and international connections to be in a position to most successfully distribute their major product, the self-destructing syringe. That is, their recent participation with the World Health Organization (WHO) in a successful campaign to control the spread of meningitis in Africa, and the signing of former senator Vance Hartke, all indicate solid progress in establishing a foothold in a potentially huge market base. IMO, having Hartke on board adds to the credability and integrity of the Company's objectives in the view of the WHO and other international 'bodies'.

Best wishes,
Peter
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