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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: hmk who wrote (401)12/11/1997 2:34:00 AM
From: Ted Zeilstra  Read Replies (1) of 731
 
It has been rather quiet here lately. I would say anything under $3 is a buying opportunity. If past patterns hold up, it will probably move back to 3 1/2 again shortly.

As I stated in one of my past posts, I did sell 6300 shares in order to buy a new home. I was a little pissed that I had to sell at 3 9/32, especially when it went up to 3 5/8 or so a week later. Poor timing that couldn't be helped.

I also said I would be buying it back as soon as I could. I can, and this looks like a good time to start. I'll probably pick up between 1000 and 2000 in the next day or two. As luck would have it, at a lower price than I sold for.

Have you read through the 11/12 teleconference at their website? Read between the lines. Also had a release regarding $1.2 million order from Europe. Hype? Maybe, but at least they are trying to keep us somewhat informed. That's a lot more than they did for 8 of the last 10 years I've been watching.

Above all, I think patience is the keyword here. I know it's hard, but just be glad this isn't Oracle we're talking about (down 9+ the other day). The techs aren't exactly flying high these days.
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