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Gold/Mining/Energy : UNIQUE BROADBAND SYSTEMS (UBS:VSE)
UBS 37.07+0.8%Nov 21 4:00 PM EST

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To: Doug who wrote (18)7/8/1998 11:11:00 PM
From: Anthony Wong  Read Replies (1) of 682
 
Doug, since UBS isn't followed by any big brokerage house in Canada (as far as I know), it's real difficult to assess the potential of this company, and I don't have the technical knowledge to comment on their products either. I was bought into all the hype of the old PCS Wireless a few years back by by my then broker and is stuck with this stock. My gut feeling is that at least we have some hope with UBS. I bought at much higher levels and I'm sure there are many investors still holding the stock from way back, so there would be selling pressure when the stock moves higher as many of them may want to exit with a small loss. If there are fundamentals supporting any move upward (big contracts, blow-out earnings report etc.) then it's another matter. Now I stay with big-cap names and am doing much, much better investement-wise.

Would welcome your views.

Anthony
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