SEDONA Corporation (SDNA) Message Board

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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: dan lanza who wrote (256)	5/20/1997 10:28:00 PM
From: Mike Heimbuch	of 731

Hey Dan - long time no hear!! RE: <The trading volume tells the story and the block sizes nail the lid shut.> Technically speaking - you are correct in that statement so far as it goes. BUT Block sizes of a few thousand shares in a 3-5 dollar stock don't mean a whole lot unless we step back in time a ways when 5,000 dollars was more money than it is now. The trading volume doesn't mean much because there really is no volume to speak of because there is no buying demand - for reasonably good reasons. To quote your favorite company spokesman - Mike Mulshine - "As we all know - the market is the market" - and that is exactly ALL we have at this point. There are some 13-15 million shares out there and folks sell for any one of a number of reasons - and we are a long ways from even a million shares cumulatively traded over the last few months. What you have said - and continue to say - is that this company has been a dog in your opinion - and thus will continue to be a dog in your opinion - and by golly - you know Dan - you may be doggone right about this. But -you know - you could be wrong too - because when it comes to substantive issues of profit and loss for SCNG business expansion - that old roulette wheel is still spinnin' too fast too see. So what should we do - decide that Trolio, Osterwise, Hubbard, Mulshine et al - are a bunch of thinly veiled con artists and cash it all in while there is still a pot to piss in?? - just because you say it don't look good?? They never predicted any real sales would occur until late this fall - are you saying that you know this will never happen? This company has been in business for some time now - please let us know if anybody involved has been hauled up before SEC for anything - or has any criminal record - or has bad press from other endeavors - and tell us - how is it that such a bunch of shysters attracts folks with decent resumes? There are so many questions one could ask of you to aid in getting to the root of your animosity towards this company. Speaking for myself - I would leave in a minute if your substantive statements weighed in anywhere between the bantam and lightweight divisions of punch power. Tell us why the business plan is doomed to failure?? That would be something of value. MH

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