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

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To: John B. Smyth who wrote (205)	3/15/1998 1:39:00 AM
From: Richard Saunders	Read Replies (1) of 856

John/ you mentioned financials - somewhere I saw mention of approx. $9mil of orders booked in 1997 fiscal vs. $1,855,958 in 1996. Revenues for '96 fiscal (Nov. yr. end) were $1.4mil. or approx. 76% of booked orders. What is reasonable to expect for fiscal '97? I'm hunching at somewhere around 40% of booked orders will appear as fiscal '97 Revenue. Is this estimate high?

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