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Technology Stocks : reprint.com - symbol CJMT -- Ignore unavailable to you. Want to Upgrade?

To: Madeleine Harrison who wrote (79)	8/18/1999 12:40:00 PM
From: Alert-Inv.	Read Replies (2) \| Respond to of 115

Here's some good info on CJMT: This is a very intriguing and totally unknown story. Sedona is trading under the symbol CJMT, asking 21c, still on low volume - most days - and almost completely under wraps. It's based in Phoenix, not Sedona. The company has 23M shares outstanding, about 2M in the float and 9M owned by the Blackwater venture firm out of Phoenix, a smallish but very aggressive firm. (Another one of their holdings that's public - though briefly - is One Source Tech, OSTK). The whole market cap of CJMT is about $4.5M. www.reprint.com They salvaged out of the CJM Team predecessor (the shell merger took place in March 1999) the world-wide document overnight delivery technology that is nearly complete and will be rolled out in mid-September, a couple of weeks late, under the name Reprint.com. This permits them, with the use of the internet and a global network of printers, to transmit important documents of high graphic quality - color pages, technical drawings etc. - with the participation of UPS's Sonic division. Sonic Air delivers all the "time critical" stuff for UPS world-wide - transplant organs, technical bids, electronic parts etc. Sedona is also buying Print Data this month, a synergistic acquisition with annual revenues of $5M and operations in New Jersey and Delaware. The previously-announced deal has just been wrapped up and will be closed next week. They have hired OSTK to help move Print Data's office supply catalog (of 400 pages) into an e-commerce business. This is a "critical mass" acquisition, no question about it The urgency for us stems from the fact that they will also be announcing shortly their new strategy to grow Sedona, which is an internet incubation strategy. The domain name has been reserved: inkunet.com (the "ink" is a pun on the reprint busines).They've got 5 additional acquisitions earmarked already. Probable acquisitions by year-end: an existing environmental portal, a successful digital document business out of Minneapolis and a medical software business in data gathering and claims settlement. Eventually, these could be spun off, of course. The internet incubator idea has been very hot lately, and not just at the size level of a CMGI. The stock just formed a beautiful inverted head'n'shoulders, one of the most bullish configurations, on rising volume.There seems to be plenty of stock available, for now, but you've got to be nimble. I wouldn't be surprised to see at $1 in a few months. I suggest you not pay more than 5/16 or 3/8 for now, and wait for the 2 news releases to come out before averaging up. Don't be too eager to sell, since the story will take a little while to unfold.