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


To: Bobby Yellin who wrote (158)2/5/1998 4:30:00 PM
From: John B. Smyth  Read Replies (1) | Respond to of 856
 
Bobby, if you would like to email your phone number to me at: adminuic@unitec.ca and I will call you.

In the past few days, we are receiving some very good interest in long term support. For example, an analyst at Wood Gundy referred a Fund Manger to me the other day. They have been tracking us and have requested a due diligence package. Their investment philosophy is to locate micro technology companies in the $1.00 range, where they buy in the market plus provide downstream PPs with the expectation of a seven year hold. When I mentioned that we were in the $0.40 range, he advised that they had reviewed the historicals and considered us to be undervalued and added that we were over the $1.00 range longer than we were under. He thought we fit their criteria nicely.

Regards,

John