[OT] Re:SOFO
Two questions:
1. Do you know anything about the competitors mentioned in the 10K excerpt I cited?
I do not know much about the current competitors. Some of SOFO's older competition has gone out of business like Media 100 Inc. (MDEA). This is a major weakness on my part and I apologize.
2. Do you know anyone at the company? (If not, how did you become interested in them?)
Unfortunately I do not know anyone from the company. I follow some of the smaller Wisconsin based companies and took more of an interest in Sonic when they decided to sell their Audio Software products to Sony a few years back. Sonic management took the $19 Million from Sony and quickly and quietly established a business model based on Mediasite™ technology.
Additionally, I also consider it a positive sign when the senior management group has a vested interest in the company. They collectively own 17% with another 22% held by Institutions. In short, I have followed the Sonic Foundry story approximately for the last 5 years.
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