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Gold/Mining/Energy : Unitec Int. Controls Inc. -- Ignore unavailable to you. Want to Upgrade?

To: dale w ruckle who wrote (152)	2/4/1998 12:10:00 AM
From: Richard Saunders	Respond to of 856

dale/ You are right, in the long run it doesn't really matter who "the client" is provided the system works and throws off a decent margin to uic. My interest is more along the lines that if a credible, proven oilpatch player was seriously considering uic's product then that may also be viewed as a hopeful vote of approval. At the current time it would appear the gas side of Alberta will be seeing some decent growth over the next several years and I'm wondering if the application uic is developing will be part of the perceived growth. As always, time'll tell & it'll primarily be the fundamentals that prove whether or not this bird flies. Thanks also for focussing me back on to the games played on Howe Street - average of 10 days of trading for pricing options and average of 15 days of trading for pricing private placements. Dale, suspect (no, call it a hunch....) you're on to something.

To: dale w ruckle who wrote (152)	2/4/1998 11:18:00 PM
From: John B. Smyth	Read Replies (1) \| Respond to of 856

There is nothing in selling the stock down that would benefit anyone in the current financing, unless someone is trying to scuttle it!!! I noticed today that the stock recovered to $0.46 then at 13:08 someone hit it back down to $0.41 to close down again. It just does not make sense for anyone to sell at $0.41 at the close when the market was at $0.46, unless they were trying to drive it down. It is interesting to note that it only took $410.00 to skew the market. Down ticking was reported to me earlier this year, and I asked the VSE surveillance to investigate. I will ask them again to look into it. Regards, John