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Gold/Mining/Energy : UNIQUE BROADBAND SYSTEMS (UBS:VSE) -- Ignore unavailable to you. Want to Upgrade?


To: Tom Cat who wrote (208)6/15/1999 12:41:00 PM
From: R.A.K.  Read Replies (2) | Respond to of 682
 
The news today of CD Radio doing a deal with FORD cnnfn.com is great news for UBS. The news last week of GM and a group of companies investing 250 million into XM Satellite Radio biz.yahoo.com is also great news for UBS. WHY???...quite simply because UBS will be the supplier of at least one if not both of these contracts. Once the market realizes how HUGE the potential market for UBS is then the sub $1.00 share price will be a thing of the past. IMHO the increase in volume (over 20 million traded in the last 10 days) is most likely the result of UBS getting one of the contracts. From everything I've heard the contract is worth somewhere in the area of $100 million. This is only one contract and there are bound to be many more to come. The only fault I can see with UBS is the fact that it trades on the VSE, but that will be taking care of soon. UBS is poised to become a Canadian success story of 1999. Good Luck.

Regards,

RAK