To: Ontopequity who wrote (248 ) 3/29/1998 1:40:00 AM From: Richard Saunders Respond to of 856
Tweet/ (on topic) - spelling aside, Doug you do raise some valid points (imo). Trying to focus on facts.......... there's always a tendancy to get lulled when personalities become involved. From my perspective the president of the company that both you and I have a stake in has been quite forthcoming with info. - I appreciate that. However........... there is a tendency to get lulled and possibly loose sight of some of the issues you raise such as general & admin. expenses, etc. Your squack (sorry, must try and focus on facts) needs to be considered and that is certainly one of the lines on the next set of financials that does need to be watched.
The Indonesian angle you raise too is also valid however I'm willing to give the pres. the benefit of good judgement for the time being. Hopefully asute manouvers will make both you and I happy in terms of future share pricing. Personally I have been accumulating so the current low price is great for that angle - when time comes to recycle the shares I'm screwed if the pricing doesn't change and move upwards.........
Another valid point you raise is the bit about your freedom to post. although I personally don't find much of the previous rantings completely useful that's o-k, you're entitled. Also, you don't have to agree with any of this spew either, not a problem. Like you say, Canada (unlike many other int'l <watch the g&a expeses> places) is a great place eh? The "e" word was just to see if you're speller-checker is working Doug.
Also agree with the mention you made about SCADA in the oilpatch. he fact that Unitec has something on the go with Renaissance Energy Ltd. (suggestion, don't buy RES-T because it'll likely get cheaper...) is MAJOR CREDIBILITY in my mind. Also, the recent GLENTEL relationship is nothing to sneer at either. You already know that......
Another name - Chris Bunka. One of the things that originally caught my eye was that Bunka was hopeful re: Unitec's situation. The track record of that stock-picker is decent and also gives me some comfort.
Bottom line - thanks for helping me not to get TOO lulled when keeping an eye on this situation and apologies for this ramble...........(pbd) now I'm sounding like you chirp, chirp, chirp.
Good day eh.