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Microcap & Penny Stocks : Scientific Measurement Systems (SCMS) -- Ignore unavailable to you. Want to Upgrade?

To: Dave Barrett who wrote (5117)	12/13/1999 9:31:00 AM
From: Byron Angel	Read Replies (1) \| Respond to of 5557

Dave, After hearing recently from Howard Burris, my feeling is the company is operating as a going concern and I'm comfortable continuing to hold. Once the second scanner is up and running in Austin the company's cash flow situation should improve. There is a high level of demand for their scanning services. I didn't get into a discussion with Burris about his long range plans but he has 2 million shares and he's going to want to cash in at some point. He's been trying to put together a deal that would get the company moving forward, and I still feel his chances are reasonably good. If nothing else then I feel at some point he could get $5 or 6 million for the company and its technology, and we could get out of this thing for a quarter, anyway (which would be a $500,000 payday for him). So I prefer to hold rather than sell for 7 cents. Byron