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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: Ed Ryder who wrote (133)3/30/1997 12:33:00 PM
From: Mike Heimbuch   of 731
 
Happy Easter to all

But on another note - Can anyone shed any light on why neither ESRI nor Sun Microsystems mentions Sedona Geo's SRV+ on their web sites - in current news?? ESRI has two pages on the unveiling of ARC/INFO 7.1.1 - and talks about all the new spatial-data-manipulation gizmos - but not one!! mention of the SRV+. I cannot even find Sedona Geo anywhere listed on Sun's web site.

I spoke with a securities guy in the midwest - who owns a pretty good block of SCNG - has for some time - is still bullish - but (to paraphrase) is wondering if the hype hasn't gotten too far ahead of the company. I heard the specter raised for the first time that having a smaller company like Broad Capital as the $$$ behind SCNG growth may not be in their best interest - sort of like the 'boys from brooklyn'. That may or may not be but this fellow believed that Broad may likely fall in the also ran category for this coming financing.

I told him that I was having difficulty tapping into a software and GIS development circle where Sedona GeoServices was a household name. He fully acknowledged that and knows that Mr. Gray is recognized professionally in fine circles - but that alone will not propel this company commercially. He expressed frustration - and emphatically agreed with my thoughts that SCNG should be providing us with web site detailing of this business - its direction - schedules - important presentations - technical overviews, related developments - almost anything and everything.

Although this business is not easy to understand - we should at least be entitled to more than "Patience folks - we have great managers - good things are happening - just give them time". Just because we give them time doesn't mean we have to do it in the dark.

Hunting for eggs today - in the far north

Mike
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