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Sonic Foundry Inc

Sonic Foundry Inc (SOFO)

0.35
0.00
( 0.00% )
Updated: 20:00:00

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SOFO News

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SOFO Discussion

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GodCandleabra GodCandleabra 6 months ago
Sale of Mediasite is a go. Word just came down. To be announced in the coming days. Keeping GLX and Vidable, but essentially selling off nearly every revenue-generating client business.
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IAM5000 IAM5000 7 months ago
Reading the most recent 8K report, The Chair comes to the rescue again. Need another 1/2M, no problem.
Mark doesn't really need to ingratiate himself w/SOFO. He owns 40+% of company already. Taking it private is already a done deal IMO. Makes me wonder if CEO Mozden was brought in or CFO Minor was paid to unretire to hasten the realignment of this issue. Private = employees & management safe/the headache of endless filings alleviated. Down the road this company can still be a great success. The only losers are those pesky shareholders who should have known this was a longshot from the get-go 25 years ago.
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Renee Renee 7 months ago
SOFO delisted from the Nasdaq to the OTC:

https://otce.finra.org/otce/dailyList?viewType=Additions
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GodCandleabra GodCandleabra 8 months ago
Been a seriously rough several months. They have seemingly been unable to build on the momentum they had in June and it shows in the stock price. While I still have a high degree of skepticism concerning the current C-Suite and cardinal decision-makers, things are brewing.

Vidiable is interesting and there a large partnerships currently in play that can sling shot this stock back into relevance… will all depend on their ability to close in the coming weeks. Still long and have been cautiously adding on the way down.

They need to close on the current partnership in play just to stop the bleeding a bit and get on more solid footing with NASDAQ… could easily be looking at a 3x bump once the news breaks. Vidiable is the basket in which their eggs should be and I hope they’re competent enough to pull it off.
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Monksdream Monksdream 10 months ago
SOFO new 52 week low
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richme richme 1 year ago
A bunch are now still selling of their gains at this time of the day.
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richme richme 1 year ago
Your are correct. Some sharks and vulture specialist on premarket.
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Triple nickle Triple nickle 1 year ago
Pre market
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richme richme 1 year ago
Many, me included, got bounced on their asses.
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Triple nickle Triple nickle 1 year ago
Bounced nice
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IOUBLOKE1 IOUBLOKE1 1 year ago
GREY TIME AS THEY REAP THE REWARD HOPE THEY KEEP THE PRICE ALIGNMENT AT THE NORM 5$
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IOUBLOKE1 IOUBLOKE1 1 year ago
yesterday was 711 000. . All nice to see good company haa cash to work with
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Awl416 Awl416 1 year ago
Zero volume then 12m in last two days - can you say preloaded LOL
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Awl416 Awl416 1 year ago
Sonic Foundry’s Vidable™ Announces Plans for New Offering of Events-Focused AI Solutions
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spindog spindog 1 year ago
$SILO RUNNING TOO
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subslover subslover 1 year ago
Running hard. Can't find any news or new filings!
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subslover subslover 1 year ago
Running hard. Can't find any news or new filings!
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Renee Renee 2 years ago
SOFO moved to the Nasdaq from the OTC:

https://otce.finra.org/otce/dailyList?viewType=Deletions
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Jo Hoff Jo Hoff 3 years ago
For sure, seems to be better run than competition. needs to get to a major exchange and off the pink
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zenvesting zenvesting 3 years ago
SOFO is cheap, BCOV & QUMU trade around a P/S of 5 and are barely profitable, SOFO's P/S is near 1 and reported $0.08 EPS last quarter.

The new CEO has only been on the job six months, but the changes in their marketing are evident and seam to be improving the business case already.
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zenvesting zenvesting 3 years ago
The Annual Meeting at 10 a.m. will be the first time the new CEO gets to share his plan with investors, check it out on their MediaSite video platform:
https://sonicfoundry.com/investors/annual-meeting/

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zenvesting zenvesting 4 years ago
Insider buying! CEO and CFO reporting buys 12,500 and 10,000, respectively.

http://archive.fast-edgar.com/20201228/AQZ2PQ2CZM227ZZN222B2ZZZBC3DQ6V8Z222/

http://archive.fast-edgar.com/20201228/ACZ2DQ2CZM22LZZN222D2ZZZMSIBG6V8Z222/
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fourfive6 fourfive6 4 years ago
Thank you!
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zenvesting zenvesting 4 years ago
This is the cap table I put together for it:
Capital Structure
? 7,922,044 shares outstanding as of 7/31/2020
? 1,762,896 options with WAEP of $5.26 & 4.6 yrs
? 66,000 warrants @ $2.57/share
? $917,000 term debt @ 6/30/2020
? Chairman’s note could have converted @ $1.30/share, but he
chose to convert @ $5/share

............

If you take a look at their income statements and subtract the interest payment they'll no longer have after settling the Chairman's debt, you'll see a fair amount should begin to fall to the bottom line in Q4 and lead to a healthy EPS for a stock at this price.

If (I personally believe its more a matter of "when") they begin to show some growth too, it won't be long before some in the market decide SOFO should see higher multiples like its peers BCOV & QUMU.
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fourfive6 fourfive6 4 years ago
7.9 mill shares outstanding here, Is that accurate?
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zenvesting zenvesting 4 years ago
This company's product, Mediasite, is enabling distance learning for many of the largest and most prestigious Universities, including all the Cal State Universities. They just turned the corner to profitability last quarter, and their Chairman recently converted $5 million in debt to common shares @$5/share.

This news today:
https://finance.yahoo.com/news/university-wisconsin-madison-distance-teaching-100000695.html

University of Wisconsin-Madison’s Distance Teaching & Learning Conference Goes Online with Mediasite Events; Triples Virtual Attendance, Cuts Costs in Half

Sonic Foundry

GlobeNewswire•August 4, 2020

Mediasite Events provides complete virtual event solution with 100+ streamed sessions, e-posters, an expo hall with sponsors, interactive activities and more

MADISON, Wis., Aug. 04, 2020 (GLOBE NEWSWIRE) -- The 36th annual Distance Teaching & Learning (DT&L) conference can not only go on this week thanks to a complete virtual event solution from Mediasite Events, it can actually triple its virtual registration and cut conference costs in half.

Nearly 900 educators will come together via Mediasite through Friday for professional development and to strategize for the fall at DT&L, put on by the University of Wisconsin-Madison Continuing Studies.

For the past decade DT&L has offered a small online option with Mediasite for people who couldn’t attend in person. As organizers planned this year’s event in the face of COVID-19, they pivoted to a fully virtual conference.

“We are thankful that we’ve teamed up with Mediasite Events once again to offer a virtual participation option, because this is the largest virtual conference in our history. We’ve significantly expanded our registration from years’ past and cut our event costs in half by saving on major big-ticket items like the venue and dining,” said Wendy Fritz, Director, Learning Design, Development & Innovation, UW-Madison Division of Continuing Studies.

Mediasite Events is helping organizations of all sizes create virtual and hybrid experiences, complete with features like a customizable event website, live or simulated live session streaming, a content catalogue, e-commerce options, a virtual expo hall for sponsors and attendees to connect, e-poster sessions, interactive features like live chat, and more.

“We have a very small team planning the conference, and we’d never be able to do this on our own without Mediasite Events’ expertise. It’s been such a relief that we can say ‘OK, we trust our partner, we know we can rely on them and trust that they will create an excellent experience for our attendees,’” Fritz said. “We are very excited to stream all of our sessions and offer a virtual exhibit hall. The technology is amazing. Attendees can click to chat or make an appointment with vendors, and sponsors can create their own sites to embed promo videos, company information and connect with attendees. Having the virtual expo hall is really incredible, and we wouldn’t have been able to sell sponsorships without it.”

Fritz continued: “Sponsors are really excited about the virtual exhibit hall, too, because they don’t have to pay to travel and ship their booth materials – a costly endeavor. Plus, the leads are actually better in a virtual hall because only the people who are interested in their products will sign up for an appointment.”

Mediasite Events technicians will capture all keynotes and sessions. Each speaker connects with a technician via a virtual speaker ready room, and the technician handles all the technical aspects throughout the entire presentation to ensure a smooth experience. Speakers present from anywhere via Zoom, while attendees watch and interact the stream from anywhere in a secure and robust Mediasite player. Delivering the content via Mediasite means viewers can benefit from interactive features like live chat, polls and speaker Q&A.

“I think virtual experiences are going to become forever part of our DNA, because professional development funds are going away, people can’t travel like they used to, and people want flexible options. Higher education needs to reach new audiences, and we can’t go back to where we were. We have to keep innovating,” Fritz said. “As much of a tragedy as COVID is, it has opened a lot of people’s eyes. Instructors who have vehemently opposed teaching at a distance are now big fans because they see how being a good virtual teacher makes them a better teacher all around. We can’t go back to the old way of doing things.”

“I absolutely think that virtual events will be a big part of the future of the events industry,” said Michael Norregaard, CEO, Sonic Foundry, maker of Mediasite. “There will be a gradual return to some physical events in the next year, but it will never be what it was. Virtual is here to stay, and event planners who are willing to ‘think new’ and redefine their roles will lead the way in this changing dynamic. Virtual events have potential to deliver more for less, and Distance Teaching & Learning is an excellent example of that – they’re saving money and reaching a much larger audience. We are honored to help them achieve that outcome with our virtual events solution.”

The world's top companies and continuing education conferences trust Mediasite Events to create dynamic virtual and hybrid events that engage global audiences in this new digital-first world. With the most experienced project managers and rock-solid technology in the industry, Mediasite Events is the complete go-to virtual solution with everything needed to take an event online -- turnkey streaming and concierge speaker services and a customized event website with registration, e-commerce, a virtual expo hall, interactivity and more. Mediasite Events is powered by the award-winning Mediasite Video Platform, trusted by more than 5,200 educational institutions, corporations, health organizations and government entities in 65 countries. Learn more at www.mediasite.com/events.

About Sonic Foundry®, Inc.
Sonic Foundry (OTC: SOFO) is the global leader for video capture, management and streaming solutions. Trusted by more than 5,200 educational institutions, corporations, health organizations and government entities in over 65 countries, its Mediasite Video Platform quickly and cost-effectively automates the capture, management, delivery and search of live and on-demand streaming videos. Learn more at www.mediasite.com and @mediasite.
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kingoraschmuck kingoraschmuck 4 years ago
Long time holder of Sonic. Very much an under the radar company. In an amazing industry that is obviously the future for businesses and schools. Buyout takeover is obviously begun. I do believe $5 is the starting point. Perhaps once break over $5 institutions and attention comes to Sonic. Stock barely trades and is super thin.
My thought and belief is it is a buyout of at least $8 a share or greater. Any other thoughts on those who follow or read this board?
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whytestocks whytestocks 5 years ago
News: $SOFO UPDATED: Sonic Foundry Announces Fourth Quarter and Fiscal 2019 Financial Results

MADISON, Wis., Dec. 20, 2019 (GLOBE NEWSWIRE) -- In the Sonic Foundry, Inc. (OTC Pink Sheets: SOFO) press release published Dec. 19, 2019, certain amounts on the balance sheets and statements of cash flows were misstated. This release corrects those misstatements and announces consolidated ...

In case you are interested SOFO - UPDATED: Sonic Foundry Announces Fourth Quarter and Fiscal 2019 Financial Results
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Renee Renee 6 years ago
SOFO delisted from the Nasdaq to the OTC:

http://otce.finra.org/DLAdditions
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stocktrademan stocktrademan 8 years ago
$SOFO recent news/filings

bullish 5.4

## source: finance.yahoo.com

$SOFO charts

basic chart ## source: stockcharts.com



basic chart ## source: stockscores.com



big daily chart ## source: stockcharts.com



big weekly chart ## source: stockcharts.com



$SOFO company information

## source: otcmarkets.com

Link: http://www.otcmarkets.com/stock/SOFO/company-info
Ticker: $SOFO
OTC Market Place: Not Available
CIK code: 0001029744
Company name: Sonic Foundry, Inc.
Incorporated In: MD, USA

$SOFO share structure

## source: otcmarkets.com

Market Value: $23,601,456 a/o Feb 29, 2016
Shares Outstanding: 4,370,640 a/o Feb 05, 2016
Float: Not Available
Authorized Shares: Not Available
Par Value: 0.01

$SOFO extra dd links

Company name: Sonic Foundry, Inc.
## STOCK DETAILS ##
After Hours Quote (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/after-hours
Option Chain (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/option-chain
Historical Prices (yahoo.com): http://finance.yahoo.com/q/hp?s=SOFO+Historical+Prices
Company Profile (yahoo.com): http://finance.yahoo.com/q/pr?s=SOFO+Profile
Industry (yahoo.com): http://finance.yahoo.com/q/in?s=SOFO+Industry

## COMPANY NEWS ##
Market Stream (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/stream
Latest news (otcmarkets.com): http://www.otcmarkets.com/stock/SOFO/news - http://finance.yahoo.com/q/h?s=SOFO+Headlines

## STOCK ANALYSIS ##
Analyst Research (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/analyst-research
Guru Analysis (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/guru-analysis
Stock Report (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/stock-report
Competitors (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/competitors
Stock Consultant (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/stock-consultant
Stock Comparison (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/stock-comparison
Investopedia (investopedia.com): http://www.investopedia.com/markets/stocks/SOFO/?wa=0
Research Reports (otcmarkets.com): http://www.otcmarkets.com/stock/SOFO/research
Basic Tech. Analysis (yahoo.com): http://finance.yahoo.com/q/ta?s=SOFO+Basic+Tech.+Analysis
Barchart (barchart.com): http://www.barchart.com/quotes/stocks/SOFO
DTCC (dtcc.com): http://search2.dtcc.com/?q=Sonic+Foundry%2C+Inc.&x=10&y=8&sp_p=all&sp_f=ISO-8859-1
Spoke company information (spoke.com): http://www.spoke.com/search?utf8=%E2%9C%93&q=Sonic+Foundry%2C+Inc.
Corporation WIKI (corporationwiki.com): http://www.corporationwiki.com/search/results?term=Sonic+Foundry%2C+Inc.&x=0&y=0

## FUNDAMENTALS ##
Call Transcripts (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/call-transcripts
Annual Report (companyspotlight.com): http://www.companyspotlight.com/library/companies/keyword/SOFO
Income Statement (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/financials?query=income-statement
Revenue/EPS (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/revenue-eps
SEC Filings (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/sec-filings
Edgar filings (sec.gov): http://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001029744&owner=exclude&count=40
Latest filings (otcmarkets.com): http://www.otcmarkets.com/stock/SOFO/filings
Latest financials (otcmarkets.com): http://www.otcmarkets.com/stock/SOFO/financials
Short Interest (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/short-interest
Dividend History (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/dividend-history
RegSho (regsho.com): http://www.regsho.com/tools/symbol_stats.php?sym=SOFO&search=search
OTC Short Report (otcshortreport.com): http://otcshortreport.com/index.php?index=SOFO
Short Sales (otcmarkets.com): http://www.otcmarkets.com/stock/SOFO/short-sales
Key Statistics (yahoo.com): http://finance.yahoo.com/q/ks?s=SOFO+Key+Statistics
Insider Roster (yahoo.com): http://finance.yahoo.com/q/ir?s=SOFO+Insider+Roster
Income Statement (yahoo.com): http://finance.yahoo.com/q/is?s=SOFO
Balance Sheet (yahoo.com): http://finance.yahoo.com/q/bs?s=SOFO
Cash Flow (yahoo.com): http://finance.yahoo.com/q/cf?s=SOFO+Cash+Flow&annual

## HOLDINGS ##
Major holdings (cnbc.com): http://data.cnbc.com/quotes/SOFO/tab/8.1
Insider transactions (yahoo.com): http://finance.yahoo.com/q/it?s=SOFO+Insider+Transactions
Insider transactions (secform4.com): http://www.secform4.com/insider-trading/SOFO.htm
Insider transactions (insidercrow.com): http://www.insidercow.com/history/company.jsp?company=SOFO
Ownership Summary (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/ownership-summary
Institutional Holdings (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/institutional-holdings
Insiders (SEC Form 4) (nasdaq.com): http://www.nasdaq.com/symbol/SOFO/insider-trades
Insider Disclosure (otcmarkets.com): http://www.otcmarkets.com/stock/SOFO/insider-transactions

## SOCIAL MEDIA AND OTHER VARIOUS SOURCES ##
PST (pennystocktweets.com): http://www.pennystocktweets.com/stocks/profile/SOFO
Market Watch (marketwatch.com): http://www.marketwatch.com/investing/stock/SOFO
Bloomberg (bloomberg.com): http://www.bloomberg.com/quote/SOFO:US
Morningstar (morningstar.com): http://quotes.morningstar.com/stock/s?t=SOFO
Bussinessweek (businessweek.com): http://investing.businessweek.com/research/stocks/snapshot/snapshot_article.asp?ticker=SOFO



$SOFO DD Notes ~ http://www.ddnotesmaker.com/SOFO
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laraz5 laraz5 15 years ago
.75 x .76!!!!



Laraz
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laraz5 laraz5 15 years ago
.71 x .73 nice bounce off the low!!1


Laraz
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laraz5 laraz5 15 years ago
Scouped up .58 .59' and .61's..Service people think Service


Hopefully you'll see what I mean

Laraz
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laraz5 laraz5 15 years ago
This might be something to watch off that news...

I'm liking SOFO once again.


Laraz
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PIZZABUSTER1 PIZZABUSTER1 16 years ago
MNG SHENG HEI ENTERPRISES,,, LETS ROLL
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BooDog BooDog 16 years ago
Sonic Foundry Releases Preliminary 2008 Fiscal Q1 Results
Thursday January 24, 4:22 pm ET


MADISON, Wis., Jan. 24 /PRNewswire-FirstCall/ -- Sonic Foundry® Inc. (Nasdaq: SOFO - News), a leader in automated rich media communications technology, today announced that it expects its fiscal first quarter revenue, ending December 31, 2007, to be approximately $2.5 million and first quarter loss to be approximately $3.5 million or $(0.10) per share. Key factors affecting the quarter involve:

-- Slowing economic conditions, specifically within the corporate and
financial services markets on which the company historically depends
for sales in its fiscal first quarter;

-- Lagging sales to corporate customers, leading the company to allocate
more resources to the higher education market, which is seasonally
weaker in fiscal Q1;

-- An increased focus on fiscal Q2 product roll outs and education
bundles supporting Microsoft's Silverlight technology, allowing for
the best cross-platform, cross-browser playback for Windows and Mac
environments;


Business seasonality is increasingly affecting results, with the higher education market buying at a faster rate midyear. However, recent sales pipeline activity is now being derived to a greater extent from higher education and this segment has increased beyond historical levels of 50 percent.

As a result, the company continues to build its product and service offerings to address consistent and growing demand from the higher education sector, where scale and efficiency of sales efforts are emerging most rapidly. Similarly, it anticipates that newly developed service offerings will continue to generate more revenue in application areas such as corporate training and knowledge delivery online. An increase in sales efficiency is also expected with the company's concentration on additional sales to existing customers within these target markets.

With the change in market sector demands, Sonic Foundry is now deploying a greater portion of its resources to faster growing segments. This effort includes the introduction of new product bundles and expanded service offerings in fiscal Q2. The company has also initiated cost savings measures that will reduce its operating costs by approximately $4 million annually and improve its progress towards profitability. The measures include personnel reductions and restructuring of its sales efforts, as well as eliminating various program costs that were not deemed necessary to achieve the company's FY08 strategic initiatives.

Final results for the first quarter of fiscal 2008 will be released on Thursday, February 7, 2008 after the close of the market. The company will host a corporate webcast for analysts and investors that day at 3:30 p.m. CT/ 4:30 p.m. ET. It will use its patented rich media communications system, Mediasite®, to webcast the presentation for live and on-demand viewing. To access the presentation, go to http://www.sonicfoundry.com/q1 on or after February 7, 2008. An archive of the conference call will be available for 30 days.
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BooDog BooDog 16 years ago
board mark #4.
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analogdog analogdog 17 years ago
Earnings relelease today....
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oilin07 oilin07 17 years ago
Anybody home?
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rwwine rwwine 18 years ago
Toddean & 5K,

I've heard many rumors over the years including one where IBM was going to buy Dell (many years ago). I have very little faith in these types of rumors and do not make my investment decisions based on such hearsay. If a buyout happens, my hope is it will be at a decent PPS which for the long time shareholders whom have been very patient over the years.

Best regards to you both.

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toddean toddean 18 years ago
i guess i should not have posted about it, because if it is true, i don't want to get into any trouble...
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5K 5K 18 years ago
toddean, I don't dispute that she told you this. But here are Dell's Board of Directors:

Donald J. Carty
Michael S. Dell
William H. Gray, III
Judy C. Lewent
Klaus S. Luft
Alex J. Mandl
Michael A. Miles
Samuel A. Nunn, Jr.
Kevin B. Rollins

I'd be very surprised if any of these was the mole. I can tell you that nothing would make me happier than to have Dell buyout SOFO.

But it seems very odd that a Board member at Dell, casually leaked this insider information to your friend. Not only is that a HUGE no..no, but extremely unethical. I tell you what, 'IF' this news turns out to be true, I think that the Board Moderator, rwwine should delete our posts on this subject so that we won't be subpoenaed to testify in that BOD's trial! Thanx for your follow-up.



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toddean toddean 18 years ago
I called her and just got off the phone with her. She said that she was having lunch with a gentleman who is a director at Dell and he told her that Dell was going to buy Sonic Foundry. She clarified the time frame by saying that he told her it could happen at the end of this quarter, but it was more likely to be at the end of next quarter. The announcement that is. She mentioned a price per share and I asked her if she knew how sensitive this information was and she did not. She does not invest in the market. This is why I think he may have mentioned this to her. Because she does not play the market. This is what I know. She is credible to me because I've known her for years and she has no reason to lie.
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5K 5K 18 years ago
I couldn't figure out your post over at Yahoo either. Possibly you could contact your high school friend and try to get her to clarify her earlier remarks to you.

Just seems kind of odd that a Dell director would let sensitive information like that slip out.

"IF" this rumor were true, I would think that others in the know would have pushed SOFO's stock price much higher than it currently is sitting at.


I've spoken w/the CEO a couple times in the past yr. concerning the possibility of this company being acquired. Rimas doesn't hide the fact that this is a distinct possiblity. But I think rwwine's estimation of 12-36 month time frame is dead-on.

...............................................................

Anyone Heard the Buyout Rumor??
by: tylesetters
Long-Term Sentiment: Strong Buy 03/21/06 01:46 pm
Msg: 25995 of 26576

I heard that Dell was going to buy SOFO. Anyone else hear this or anything about a buyout lately?

...............................................................

Re: Anyone Heard the Buyout Rumor??
by: tylesetters 03/21/06 02:06 pm
Msg: 26001 of 26576

I am the last person who would "try" to spread a rumor. I'm a frickin' tile setter for God's sake!
I heard it from a girl I went to high school with who SAID SHE WAS TOLD by a director of Dell. There, that's how I was told, that's the truth, and I know I'm gonna regret even bringing this up now.



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toddean toddean 18 years ago
I heard from a from a friend I've known since high school, that either this quarter or next quarter the announcement would come that SOFO was being bought out by Dell. She told me she learned this from a Dell Director who sits on the board. I know this is completely rumor to everyone else. But on my end it's coming from a trusted friend. So I found it interesting that you mentioned they would be a good takeover candidate. But I can't figure out why Dell would buy them. Has anyone else heard anything about this?
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pigsCANfly pigsCANfly 18 years ago
Will do.

pCf

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rwwine rwwine 18 years ago
Hey PCF,

If SOFO YMB continues to attract the nasty vermin (day traders), we will at least have a good place to move to. I did hear you mention and look forward to our next meeting during the summer months, just let me know when you guys decide to take the afternoon off.

BR

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pigsCANfly pigsCANfly 18 years ago
You talkin' to yerself, here?

LOL!!!!

Hey Rich. It was a pleasure meeting witcha over a beet. We'll have to do that again sometime soon. I don't know if you heard me, but I suggested a mid-summer meet at the Capital Brewery in Middleton. (I can smoke there and it's al-fresco. Good beets too ;o)

pCf

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rwwine rwwine 18 years ago
Here are my personal thoughts on Sonic Foundry (all IMHO) as of today.

Sales growth from quarter to quarter has been very encouraging. SOFO continue to improve on many different levels.

SOFO is no longer just a “hardware” company. They now are incurring services revenue that is also growing nicely but need to continue.

Valuation play. I feel that the market capitalization for SOFO today (30-40 Million) is very appealing. With the estimated growth rate that SOFO management foresees and has discussed on their recent quarterly update, I continue to believe the future of SOFO is very positive.

Management reiterated recently that they still expect to reach $15 Million in sales for 2006. They had a chance recently to revise these numbers down after a “slow” first quarter, but instead made comments alluding to tremendous growth/project prospects in the upcoming quarters.

I like Mediasite. It is a very simple tool and I believe has tremendous long term value as more individual in the Educational and Government market segments. I believe the other market of tremendous growth lie outside the US territories.

The recent “insider” purchasing by the CEO I believe is a strong positive sign of things to come. I am a simple Midwest individual. A personal investment of $100,000 is a lot of money, at least to my thinking.

If you look at the % amount of insider ownership, they own I believe 17%. Another 22% of the shares are held by Institutional & Mutual Fund Owners. Neither of these groups has sold one share.

Longer term, 12-36 months out, I see SOFO as a strong buyout candidate. The value attached to the buyout is uncertain at this juncture, all depends on how well their sales and service contracts grow and the acceptance of www.MediaSite.com

RW




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rwwine rwwine 18 years ago
Recent Insider purchases for SOFO

Total shares purchased in last month 96,395 ($103,586)


02/27/06 BUINEVICIUS, RIMAS Chairman 6,000 Direct Purchase at $1.23 per share. $7,380

02/21/06 BUINEVICIUS, RIMAS Chairman 11,000 Direct Purchase at $1.20 per share. $13,200

02/15/06 BUINEVICIUS, RIMAS Chairman 7,900 Direct Purchase at $1.13 - $1.15 per share. $9,062

02/14/06 BUINEVICIUS, RIMAS Chairman 15,400 Direct Purchase at $1.10 - $1.15 per share. $17,002

02/10/06 BUINEVICIUS, RIMAS Chairman 25,000 Direct Purchase at $1.04 - $1.05 per share. $26,002

02/09/06 BUINEVICIUS, RIMAS Chairman 10,000 Direct Purchase at $1.02 - $1.04 per share. $10,002

02/09/06 BUINEVICIUS, RIMAS Chairman 21,095 Direct Purchase at $1 - $1.01 per share. $21,002


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