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Microcap & Penny Stocks : SEXI: Mostly Fact, A Little Fiction, Not Vicious Attacks

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To: Holmes who wrote (2554)9/25/1996 3:53:00 PM
From: John Curtis   of 13351
 
To All: President Ken Walker interviewed today on radio WEVD 1050 AM.

I'll be damn. Talk about serendipity. I was listening to NYC AM radio today, WEVD 1050 on the dial. The reason I was listening is that from 3pm to 3:30pm the program announcer interviews upper management of "up and coming" companies. I was listening for an interview of another company and lo & behold the announcer states "a few months ago I was talking about a company in the $0.40 to $0.50 range that subsequently rocketed to $4. It's now around $2 and according to his investment banker friend investors need to be looking at this company. The company?????SEXI!!!

The announcer then introduced the President; Ken Walter. The discussion started with a brief history. Ken stated SEXI is a new company with Headquarters in Coral Gables, Fla. It was formed because; at the time, there was a company called ICMX that had a good product but needed money. They bought ICMX. Ken W. came on board for SEXI in lat Feb. early March. Ken then went on to discribe SEXI's product. I won't relay this part of his commentary since I'm asuming everyone on this board has that knowledge. Leave it to say it's full motion video over twisted pair.

The announcer then wanted to know about SEXI's deals. Ken stated that SEXI is teaming with "a number of large players" and that one of them is a major integrator known as SAIC. The other players he cannot yet mentioned because the deals are still on the table awaiting final signatures. Ken stated that they also have "quite a few VERY HEAVY(my emphasis) contracts on the verge of signing", but that he cannot yet mention them because these players are still awaiting their end of year budget monies(I interpret this to mean that; as in many corporations, the dollar purse strings are tied up on a quarterly basis, therefore before a corp. can go forward they have to be within the new year/quarter to have the budgeted monies available). He also stated that they are finalizing contracts in the federal sector.

Ken stated they are trying to trademark the term LVN(Local Video Network).

The announcer then gushed about the LVN market segment by stating that experts see video teleconferencing as being a $15 Billion market by the year 2000. The announcer went on to ask about the Telemedicine industry. Ken W. stated that this is a vertical market application. SEXI "has several systems in a couple of major hospitals" and that in this market segment there are such applications as video microscopes, etc.

Ken then gave a brief "resume history":
- He use to work in the directorate of operations overseas for the
CIA(see my earlier post regarding "spooks" & I mean this in a
most congenial way.)
- He was the director of Science & Technologies. It was in this
capacity that he discovered ICMX. The CIA ended up using ICMX in
some of their "classified" networks.

Then the interview ended with some more announcer gushing references and he closed with stating you can get more information by dialing 800-380-2610.

Whew!!!! A lota typing in a hurry but I thought everyone might be interested. By the way; WEVD 1050 is paid for by advertising, not by the individuals/companies being profiled.(at least that is what was stated).
See ya in the market!! John~
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