SEDONA Corporation (SDNA) Message Board

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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: Jerry Rush who wrote (97)	3/19/1997 2:09:00 PM
From: Mike Heimbuch	of 731

Hang tight Jerry - more like a bungee than a parachute - you get several ups and downs for the price of one. We are definitely not! having fun - and there is no doubt that market timed in-and-out of this stock - and maybe out for good - coulda-woulda been profitable. There are a million reasons to sell something - and buyers only too happy to oblige with a price lowering. Since we certainly knew (even before we bought) that SCNG was due for negative EPS for sometime while they grow - there is no way that the market weakness can be attributed to anything on the balance sheet we overlooked. Until Larry Osterwise (who has only been on the job for a short time) throws up his hands and quits - we should give him credit and time. People don't generally line up to hand out seed money in the millions of dollars to dung oriented companies. We didn't buy Radish seeds that grow in 3 weeks. We bought late harvest Corn seeds that won't mature until fall at the earliest. Its a little premature to unduly worry about grain futures - but we should keep our eye on the farmer though. Mike

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