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

To: Link Lady who wrote (590)	11/3/1998 9:36:00 PM
From: csm	Read Replies (1) \| Respond to of 856

Well Helllllooo. Today's announcement is certainly a positive development. I'm sure we all hope that it will lead to real inroads into this sector and some new customers. I held onto my shares after reviewing everything. I tried to reach John but we didn't get to talk. I was trying to decide whether to add to my position or to sell, in the end I did neither. Why? I didn't add shares because I felt that there had been little progress in terms of revenue growth and new customers over the past year and that performance was well below the company's projections (I'm being polite here!). I didn't sell because I really felt we were looking at the bottom and because I do think the company is credible and has good technology (I hope I'm not being naive here, but it wouldn't be the first time!). I must say that I hate seeing these share bonuses attached to every financial arrangement the company makes. Perhaps it is smart on the part of management but it just makes it more difficult to establish and maintain some eps growth if these shares will keep coming out of the woodwork. Anyways, back to the point... this looks great and I hope it brings in some new business and growing revenues. Congratulations John and company. Stuart.