Silicon Investor (SI) -- The First Internet Community

STOCKTALK

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. -- Ignore unavailable to you. Want to Upgrade?

To: Link Lady who wrote (54)	1/12/1998 1:48:00 PM
From: Ontopequity	Read Replies (2) \| Respond to of 856

Unitec markets it's products to large industrials, utilities, & Government infrastructures which are generally more stable and secure than other non essential services.(See Jan 10 Financial Post article pg53 "Utilities still look a safe bet"....The turmoil in Asian markets and the resulting 'flight to quality' that started last fall was also a clear influence on stock price gains."....Toronto Stock exchange gas and electric utilities subindex rose 30.6%, -more than twice the increase seen on the TSE 300." Hence, Unitec's market insulates it's revenue stream from economic downturn.Unitec's market is further fault tolerant from it's geographical and market sector diversity.( Electricity, Water & Sewer Works, Oil & Gas, Environmental......Internationally diversified) Consequently I would suggest that Unitec provides the long term safety and stability of an industrial utility, and the possitive growth and speculative upside of a high tech junior. Things will have to get pretty bad befor governments neglect the pipelines that deliver drinking water! Unitec offers not only efficiencies in these essential services, but also significant cost savings. That's why management is inundated with orders faster than it can get them out the door!

To: Link Lady who wrote (54)	1/12/1998 3:59:00 PM
From: John B. Smyth	Read Replies (1) \| Respond to of 856

I look to the opportunity in the chaos of the Asia market. First however, Unitec'c business strategy, like its products are fault tolerant. We had expanded our business focus to Latin America last year, where we have a $1.6 million Gas SCADA contract with Metrogas S.A. (owned in part by Nova Corp. and Lonestar Pipelines) in Santiago, Chile, a $4.2 million Electrical SCADA contract with EMEC in La Serina, Chile. In Brazil we have a $600K contract with Sanepar in Curitiba. Our North American and Middle East business is expanding and we have made initiatives into the Eastern European markets. I spoke with our agent in Jakarta last week. Our systems with PT. PLN, the state owned electrical utility are operating well and they are looking to make additional purchases, but are cash strapped due to the economic crisis there and are looking for a solution. I have proposed to establish a Unitec Indonesia operation in exchange for a long term contract to supply them. With the devalued rupiah, there is a great opportunity for us to manufacture and undertake some engineering and improve our competitiveness worldwide. There is lots of opportunity in chaos if one looks at the big picture. We have a contract with the Selangor State Government in Malaysia which is funded and in $US. That is proceeding well and again a creative approach will improve our marketing position there. So in summary, it has not had a negative impact so far, and I see a lot of upside in the progress we have made and our strategy. Thanks for vote of confidence and kind words regarding our website. There were some changes made yesterday if you looked at it prior to then. Regards, JBS