SGA Commentary for 10-23-96...More hype from a "Joe at (607)
733-0929 ?"...
SYSTEMS OF EXCELLENCE : (SEXI) $.69 cents Up $.18 cents and traded on the pink sheets.... After talking with several
individuals who have visited Systems of Excellence over the last several days, it is obvious that these individuals have come
away from the company with very positive feelings resulting in additional buying of SEXI's stock in the open market place.
We'll have more about these additional sources who we have talked to later in our commentary. As we told you yesterday,
Systems of Excellence has resumed trading on the Over the Counter "Pink Sheets". It is our understanding that the Pink Sheets
are a manual order execution system unlike the OTC Bulletin Board, which is an electronic order execution system. The
trading halt issued by the Securities and Exchange Commission ended as scheduled. However, since the company is
reconstructing their financials, shares of SEXI had to resume trading on the "Pink Sheets" rather than the Over the Counter
Bulletin Board. Our source tells us that the stock will continue to trade on the Pink Sheets until the company has completed
their financial filings. SGA has been impressed with the number of you who, after the trading suspension by the SEC, have
taken the time to visit the company. As we told you yesterday, we spoke with an individual who visited SEXI's offices last
Thursday. This individual came away from the company extremely impressed with the company's product. He spent about an
hour talking with one of the sales people working for SEXI and likewise, came away impressed with this sales person's
knowledge of the product and the industry and this sales person's belief that SEXI's product is one of the best within the
industry.
Late Tuesday evening, we received another telephone call from a person who spent most of the day on Tuesday in SEXI's
offices, and this person also came away very impressed. Here follows some of the statements that this investor who visited the
company on Tuesday had to say after visiting with management....... "More VAR's coming aboard"; "All the damage has been
done to the stock and based on what I saw, if you liked SEXI at $3.00, you've got to love it at $.69 cents"; "VAR's are
improving upon SEXI's current technology"; "SEXI is developing new software which no one else has which will put their
video teleconferencing equipment way ahead of anything currently offered by competitors"; "Can't imagine how this system
would not sell"; "First of year response to SEXI's new technology will be mind boggling"; "First quarter of 1997 could be
explosive". On Wednesday morning, we received yet another telephone call from an individual who spent most of the day on
September 26th in SEXI's offices and this individual came away with exactly the same impressions as everybody else we've
told you about. So, most everybody who has seen the product comes to the same conclusion. Based on the overwhelming
response we've received from those of you who have visited the company within the last two weeks, we also come to the
same conclusion...... SEXI does still appear to have an excellent product and it is our hope that positive developments result
from the recent fiasco created by a couple of bad apples in the apple cart. For additional information, call the company's PR
firm at (800) 457-8674..... P.S. I've gust gotten off the telephone with one of my sources who spent most of the day on
Tuesday in SEXI's offices. It's this source whose statements are listed in quotes in the above commentary. In any event, he's
agreed to talk with any of you who are interested to know more about his recent visit with SEXI management at their offices in
McLean, Virginia and the very positive feelings he came away from the company with. To talk with this source, just call (607)
733-0929 and ask for Joe.
Anil |
