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Biotech / Medical : Univec (UNVC)
UNVC 0.00260+4.0%12:48 PM EST

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To: r. peter Dale who wrote (50)10/7/1997 3:01:00 PM
From: Czechsinthemail   of 181
 
Hi Peter,

This stock is a caution. While they seem to have an unbelievable market potential, the stock seems very susceptible to manipulation. Among the real world questions I have about the company are:

1) What kind of revenue are they getting from the WHO contract or is it a pro bono?

2) What kind of competition are they facing around difficult to reuse syringes?
I noticed another small company being hyped on its prospective locking-syringe business. It raised questions in my mind about how much competition there might be if everybody and his dog is making/marketing locking syringes. Alternatively, it may be an easy to hype sales lure for penny stocks like the old uranium stocks.

I decided to step to the sidelines while waiting for the smoke to clear.

Good luck,
Baird
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