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Gold/Mining/Energy : Unitec Int. Controls Inc.
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To: John A Weisgerber who wrote (58)1/13/1998 7:25:00 PM
From: John B. Smyth  Read Replies (2) of 856
 
Thanks for the update on your activities with Clarington and
Peter Day. If you don't mind, please resend the Application
Forms from Peter Day.

I had a long chat with an analyst from CIBC Wood Gundy the
other day. She was following Milltronics and somehow was
lead to us. I told her that while we do use Milltronics
level sensors, they typically would represent 1% or less of
the Unitec content on our projects. She thinks we should be
on the TSE to get the kind of support we need.

I mentioned her call to JMP of Yorkton. He would like to
get a group of analysts along with theirs to start following us.

Last week was outstanding. We had over $250 million in RFQs
come in. Two are too big for us alone, but I have two major
construction engineering companies that may joint venture with
us on them.

This week is starting well also, over $8 million in RFQs (of which
Unitec's name is on $6.5 million of) have come in. Pina and
Michel are overwhelmed. Both have said in their former positions
RFQs typically frequent about 1 per week and the value of big
ones only fractions of our small ones. Nice to see their
enthusiasm.

Hope you're not snowed in too much longer, neither rain, nor snow,
nor sleet shall keep a good broker away!!!!

Regards,

John
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