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

To: FRED KAYE who wrote (4917)	5/28/1999 1:51:00 PM
From: straight life	Respond to of 5557

While there's no reason to believe things will change in the near term, I believe 1. we were mislead about how profitable scanning services were; I believe the figure 65% margins were bandied about, and my feeling is they didn't factor in the labor costs, since these were employees whose costs were probably factored into manufacturing, not services. Potential sources of funds (JVs etc.) probably saw the real figures, which was probably why SCMS was universally rejected. This is only my reasoning this out, of course, I have no facts to substantiate. I've also said it takes a very long time to turn a poorly managed and very under-capitalized company around; Mr. Burris can easily fail with the slightest bad move or even plain bad luck. Having said that, he seems to be making the right move (standardized machines)and to be tireless in his efforts on behalf of the company. He may well pull it out. I'm hopeful.

To: FRED KAYE who wrote (4917)	5/28/1999 9:08:00 PM
From: Byron Angel	Read Replies (1) \| Respond to of 5557

Fred, Thanks for the update. I still think SMS's technology will come into much wider application over time. As far as the share price, the tendency is for penny stocks to do nothing for long periods of time and then make large, sudden moves. I held EDIG for a long time and it did nothing, then in the last couple of months it went from way under a dollar to over $3. Lots of people have bailed out of SCMS and you can't really blame them with all the problems that have occurred. However, I plan to continue to hold until the tech is in much wider use. Byron