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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: Ed Ryder who wrote (200)4/16/1997 4:38:00 PM
From: Mike Heimbuch   of 731
 
Hello all

Spoke briefly today with Steve Cooperman of Oracle's business alliance program - re: the level of Sedona Geo's participation with them.

He didn't have a whole lot to say except that Sedona does have some unique niches and they are a part of the Oracle 8 beta testing program. I asked if there were similar competing technologies with whom Oracle was also partners - he said -"oh definitely" -

The business alliance is just partnering to get a leg up on marketing - and he said Sedona is (in Oracle's case) building solutions for clients based upon Oracle data base technlogies - He wasn't particularly helpful - didn't see anything remarkable about Sedona - just said they had good stuff - wouldn't be partnering at all if they didn't have good stuff.

On another note - spoke with someone on Sedona's sales staff - who was told (they said) - by Mulshine and Hubbell not to speak with me - it was actually phrased - "The company would prefer a single source outlet for questions regarding company activities". I only called to get an update on consumer feedback re: SRV+ and was told that it seemed to be going good - which doesn't mean much to me at all since I know the person is quite new. The person was quite friendly but firm - and aside from being disappointed - there isn't much I can do about it. I have a real difficult time understanding why I can't ask the hands on people questions directly.

I'm not one who believes the company owes stockholders very much of anything - but not every piece of interesting development has to be cloaked in the garmet of "insider knowledge". I especially hope that we don't come across to company folks like some 'ignorant hillbillies from some god-forsaken West Virginia coal town - good for nothin' 'cept photo footage for the next Clinton re-election campaign. I've spoken with Ms. Lerner at Broad Capital about 6 times in the last 6 months - and all she ever says is "Good things are happening - you'll see - This year - profit for sure - just be patient - the new management is just great - you'll see." - Like listening to your mommy!!

For myself - at this point I don't care about the stock price and the financing junk and the new management. I just want to know what the company is doing at the 'hands on' level -

Pass the Meat - Please

Mike up North
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