SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Gold/Mining/Energy : Unitec Int. Controls Inc.
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: csm who wrote (741)3/21/1999 2:13:00 PM
From: Ontopequity  Read Replies (1) of 856
 
Perhaps the words "unprofitable" is not accurate as you would suggest. It really depends on your estimation of the accounting procedures employed, and the credibility of those employing them. (Alan Rosenquist has a good reputation and a professional designation which calls him to accountability. He has left the firm and has been absent for quite some time. Who replaced him?) The capitalization of R&D can hardly be considered conservative.The modest "profit" indicated for the latest quarters on modest revenue could possibly lead one to conclude that the company is "profitable", though I think that may be a stretch. The passage of time will bring to light all the things that are hidden in the dark, and as investors we really do not have the luxury of employing this to our advantage. We are put up on by the menace of market forces, to try to unearth the hidden realities far in advance of our competitors in the investing public. Requesting for something to "chew on" from company news releases, and citing the meagre positions some penny stock mining promoter as a "vote of
confidence" is an insult to intelligence. My point now clarified, I truly wish Unitec and all those participating investors a successful year in 1999 and beyond. ( I still own a block of stock options myself).
ontopequity.com
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News