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

To: Richard Saunders who wrote (559)	9/15/1998 7:58:00 PM
From: C Bunka	Read Replies (1) \| Respond to of 856

Richard, I doubt whether John will be able to answer you or the rest of us via the web any longer. (John, please correct me if I am wrong) My understanding of the new TSE guidelines, in plain language, is this: "Company employees who comment on the web are going to be in big trouble." I think this new policy is rubbish! Despite the fact that UIC stock has been struggling along with thousands of other CDN corporations, a faint sparkle in all that darkness was the feeling that investors could get accurate, up to date information directly from the company via a public forum. Somehow the TSE seems to think that the public is better served by each of us phoning the company one-by-one and asking our questions individually. This of course will use up a lot of time that the company could better spend doing other things, and also lends itself to misunderstanding among shareholders who might think they hear different inflections in the messages they receive. At least in a public forum everyone gets the same information at the same time. I rarely comment on SI because I am afraid that the TSE or other regulatory bodies will strap the same straight-jacket on me. In my humble opinion it has been the threads like this one, and like Yamana Resources, that have offered investors a real chance at levelling the playing field. Sorry for droning on... I'm afraid I don't know the answers to your questions Richard but I hope we can all find out.

To: Richard Saunders who wrote (559)	9/15/1998 11:25:00 PM
From: John B. Smyth	Respond to of 856

I expect to be a little short on our revenue projections for this year Richard, however, I have been focusing on the bottom line, which I expect to be better than projected. I hope to have our third quarter report out in two weeks, which will offer some insight into how the balance of the year will unfold. We are still being inundated with RFQs from our normal market areas as well as some new surprises. I am trying to find some partners to tackle two particularly large jobs. I see some brighter lights coming from Asia, however, competition will be fierce. The financing was completed with one individual, but by agreement I cannot divulge the terms. The low price frustrates me too, Richard. I can't understand why anyone would sell at these prices. I can't understand why those offered aren't being snapped up either. Incidently, I was up your way again, what a beautiful fall. Smithers had frost two of the days I was there and snow fell down to the 3,000 foot level on Hudson Bay Mountain two of the mornings. Regards, JBS

To: Richard Saunders who wrote (559)	10/16/1998 12:14:00 AM
From: csm	Read Replies (3) \| Respond to of 856

The only red line on my screen today was UIC. This is the last of my "concept" stocks. I got rid of the rest of them over the past few months, paying dearly for getting too attached to great ideas that lacked the business maturity to pay off. I switched to large cap market leaders and have been doing much better, especially on today's turnaround. If it doesn't show signs of improvement soon, it will serve to close that chapter of my investing career. This is about revising the risk-reward ratio to be more favourable for me. Stuart.