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Microcap & Penny Stocks : UVEWD - Cutpurse Extraordinaire(CRTM)
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To: Joe Barker who wrote (18)5/19/1998 1:17:00 PM
From: fred woodall  Read Replies (1) of 34
 
Hello Joe, You still riding the CRTM wave? 12k units at what price?

Shares of UniView Technologies Corp. soared Tuesday
as word spread that its set-top boxes and Internet services will be bundled
with NuVision Technologies Inc.'s video conferencing system.
In afternoon trading, shares of the small-capitalization company (UVEWD)
were up $1.031, or 65%, at $2.625 on volume of 2.6 million shares. Average
daily volume is 171,500.
The arrangement calls for NuVision to buy 1,000 set-top boxes initially, and
11,000 more over the next 18 months.
The gain is a notable one for a company that just five months ago said it
would institute a 1-for-10 reverse stock split in order to maintain the Nasdaq
listing requirement of at least a $1 share price. When the split took effect
last month, UniView - which was then known as Curtis Mathes Holding Corp. - was
watching its shares change hands at just 25 cents apiece.
Copyright (c) 1998 Dow Jones & Company, Inc.
All Rights Reserved.

Symbol(s): UVEWD
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