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

To: Link Lady who wrote (173)	2/17/1998 9:06:00 PM
From: John B. Smyth	Read Replies (1) \| Respond to of 856

Nice to see you on the web again Wendy, not sure if this is for me, but will print it out and read it at home tonight. Regards, John

To: Link Lady who wrote (173)	2/17/1998 9:39:00 PM
From: dale w ruckle	Read Replies (1) \| Respond to of 856

Yes John I think that was for you....re the press release today please confirm,are todays 2,232500 shs to be added to the 17,869096???? I thought outstanding was 18732000 before this last pp.re the 500k warrants to yorkton and union are they taking them now or later????if later will there be a news release at such time???

To: Link Lady who wrote (173)	2/18/1998 1:36:00 AM
From: John B. Smyth	Read Replies (1) \| Respond to of 856

Thanks for the info Wendy, I recognize some of the brokerage firms in the article as shareholders of Unitec. In fact some are frequent callers and buyers averaging down. I enjoyed the article and will remember with caution some of the points made. Thanks again. Regards, John

To: Link Lady who wrote (173)	2/20/1998
From: Ontopequity	Read Replies (1) \| Respond to of 856

Thanks for the interesting article, Wendy. I found it very informative and insightful. Confirms my opinion that it is essential for junior companies to build a long term share holder base prior to going to NASDQ. The short term, quick-buck speculators can cause problems for a real company if they own too much stock.The famous Warren Buffet of Berkshire Hatheway (BRKA- NYSE, $47,600.00 per share!) compares stock market investors to lemmings.( Lemmings will follow one another in mass panic to their death at the slightest provocation.) Consider that any such wild swings in a companies stock, either up or down, could not occur unless there were people willing to sell their shares to speculators. How can speculators have any influence if they don't own the stock, or can't buy it in sufficient volume without paying a premium price? Perhaps this is why the NASDQ players enjoy companies with large floats.Particularly if the paper is widely held by speculative types. Such company structures would be wide open to be raped by the hypesters, short sellers, down tickers, and momentum investors. Quality companies like Microsoft & Intel have huge amounts of shares outstanding but escape this manipulation. Probably because the ownership position is a loyal, long term, educated majority, leaving a relatively small % of remaining float to play around with. Or perhaps these companies have retained very capable and credible market makers.I tend to suspect the former explanation, rather than the latter ,though I am not certain. One of the reasons I invested in Unitec was that a good portion of the shares outstanding are held by institutional holders who are long term holders ( 5 yrs vrs the 5 month mentality.) There has been some selling pressure lately. Who is causing it? Certainly not the long term holders. Who will cause any future selling pressure? It will probably come from the short term players. I have come to understand that it is fundamentally and strategically very important for juniors to place ownership in the hands of responsible investors.When will the selling pressure stop and the share price go up? when the paper is bought up by people who can understand and appreciate the golden potential of the SCADA market. I trust that John Smyth is taking steps to ensure just that. DBT.