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Gold/Mining/Energy : UNIQUE BROADBAND SYSTEMS (UBS:VSE)
UBS 36.80-3.7%4:00 PM EST

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To: Doug who wrote (87)2/23/1999 11:32:00 PM
From: R.A.K.  Read Replies (1) of 682
 
Doug,

I know you didn't ask for my target but, if I may my target is .50 - .60 by next month. Now my reasons are as followings:

1. Contracts still to be announced.
2. Stock is under heavy accumulation.
3. Insiders have not been selling into the latest run up.
4. The last P.P. was done by an Insider.
5. A lot of the buying is coming from the U.S.

We've drifted lower on light volume and most if not all of the large positions taken in UBS in the last few months are still long. We should see a move to the upside shortly but, we'll need news to move us a lot higher.

Regards,

RAK
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