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Microcap & Penny Stocks : SEDONA Corporation (SDNA)
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To: Uncompaghre who wrote (371)9/11/1997 1:22:00 PM
From: Ted Zeilstra   of 731
 
Tom

I stand corrected. S&P is looking for a $.25 loss for '97. My fax copy was garbled at that critical point and I verified the info this morning. But they are still looking for .40 in the plus column for '98, and we all know that stocks trade on future prospects and SCNG is not the company it was - it's better.

S&P also looks for increased sales and earnings on a sequential basis for the next several quarters with annualized gains in the 50% to 100% range over the next 3 years. Gee...with that kind of growth, if we give this a conservative PE of 25 with projected earnings of $.40 for '98 that would put us at a potential $10 share price over the next 6 - 9 months. I can live with that.

Was told this morning we can expect "a couple more news releases next week".

The lack of confidence in this company and it's future also helps to create much of the volatility. Personally, I would welcome a small pullback, as I have people that would like to get into this but know it's history and are going to wait and see.

I think there is a good possibility that one day this stock goes up and doesn't look back and I wouldn't want to be on the outside looking in waiting for the elusive pullback. Look back at IGT some years ago when it went from $4 to $60 in a year or so then split and went back to $50 or so. It happens.

Draw your own conclusions, and trade 'em if you think you can.

Ted
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