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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: Jerry Rush who wrote (87)3/17/1997 12:43:00 PM
From: Mike Heimbuch   of 731
 
Mornin' Texan Jerry

Just received a-mail back from Ohio State Mapping - who developed the USGS map conversion to digital format that Sedona acquired. The director of the program stated: "You bet they have a leg up on the industry - they have our technology". (meaning exclusive rights to use and resell - See last June's newswire) The stuff Ohio works on is pretty neat - and far ranging - Sedona appears to be quite tied in with them (grants - I think) - and you can find them at Sedona's site with links. Still doesn't answer - How big a deal is this???

I have a difficult time believing that cash flow problems could be causing the current stock price weakness. There are not enough shares changing hands to indicate significant problems - even if it is just folks in the know. More likely scenario is that the timeline is early and products of this company are difficult to understand - which is not triggering any real stock buying. Again - we are in early on the expansion phase of this company - the real support of our decision to stay must rest on what the GIS and mapping professional community thinks about the future of the industry - and the uniqueness and proprietary nature of Sedona Stuff - not what the market says - yet!!

Maybe MMulshine will help us on Uncompaghre's question re: springboard technology!!

Mike in Alaska
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