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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: Zvi Yammer who wrote (40)1/15/1997 12:25:00 PM
From: Mike Heimbuch   of 731
 
Zvi - don't know what to say re: insider sales - but there are any number of reasons that people sell personal assets to get cash. Your doubting stance towards SCNG may - as you say - be the result of bad experience in other but similar investments. On the other hand - as a non sophisticated investor - who has spent a fair amount of time in research on SCNG - I believe that the single largest component of due diligence is to differentiate risk from scam. I have simply come to the conclusion that Laurence Osterwise - the projected CEO - did not come to Scangraphics for the pleasure of scamming us out of money and ruin an otherwise prestigious career for himself in the process.

On the bright side this Wednesday morning - Mike H.
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