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Gold/Mining/Energy : Unitec Int. Controls Inc.

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To: Link Lady who wrote (96)1/20/1998 10:49:00 PM
From: John B. Smyth  Read Replies (2) of 856
 
Thanks for the information. I went to the chart at:

chart.canada-stockwatch.com

but it didn't show a 110,000 day. Perhaps stockwatch doesn't catch all the trades.

It would be nice to see the volume continue to increase and the price move up to eat away at the dribs and drabs falling out at the current level. I was surprised to see the one large block offerred for sale the other day.

Incidently, we had three large RFQs come in today. One was for Asia
and the others for the middle east. One was in the Oil & Gas sector and two were in the Water sectors. We have been approached by several companies to partner with on them and hopefully we will select a good one to improve our chances of winning.

In 1996 our Win/Loss ratio was 1:15
In 1997 our Win/Loss ratio was 3:1

Our RFQ activity doubled between 1996 and 1997, but we were more selective in our quotes and bid the same dollar amount as 1996, which accounted for the dramatic improvement. Our RFQ activity so far this year (6 weeks) is up 700% over last years entire RFQs. We have a lot of quality opportunites to bid now.

Regards,

John
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