UNVC......UNIVEC, Inc. Message Board

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

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To: Phyco who wrote (47)	7/16/1997 6:07:00 PM
From: Mark Fisner	of 60

Phyco: You made a nice call on the near term top yesterday. I'll do the same for stating that the bottom of this near term correction occurred today: Univec bottomed out at the end of June @ ~$1.1/4. From then through June ~10th it shot up about 250% (to ~4 1/2). If a 'normal' pattern is followed, then 50% of the upswing is retraced prior to further upward movement. We're right in the vicinity of the 50% retracement. Also, most of the recent downturn was on below average volume; today's was the highest (but still just average) and may represent a selling climax. In my view, this is an incredible buying opportunity. And the warrants, with their extended expiration date, are an absolute steal at these prices. Mark

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