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Gold/Mining/Energy : Sedna Geotech (SOT.V), explosive growth PE of 7 -- Ignore unavailable to you. Want to Upgrade?

To: Traveling Man who wrote (32)	3/25/1998 9:48:00 PM
From: ED BAARTMAN	Respond to of 68

I spoke to the IR person yesterday. He said they are waiting for the auditor's report before they can announce 4th quarter and year-end earnings. He doesn't expect any major disappointments. The company has earned US$.12 for the first 9 months, and they should have a year-end of about US$.15. At current prices that is a PE of 5.6. Lately, the stock has been dropping on very low volume. I didn't expect to see it this low either. I am tempted to buy more, but I have enough shares already. Ed B.

To: Traveling Man who wrote (32)	3/25/1998 9:52:00 PM
From: Steve Reichle	Read Replies (2) \| Respond to of 68

TM: I wonder if some bad 1997 year end results are soon to be released? Relatively high volume traded today with a drop in share price. I wonder if some mutual fund unloaded their holdings? I bought this dog about a year ago at $2.85. Up until early December the stock held its own but it has slipped badly since. If I thought things were going to turn around I might add to my holdings while the price is cheap. Hate to throw good money down the drain though. Regards, Steve R.