SEDONA Corporation (SDNA) Message Board

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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: Ted Zeilstra who wrote (548)	12/30/1998 10:55:00 AM
From: Ram Seetharaman	Read Replies (1) of 731

SCNG is up 15 % today at around 10:35 A.M at $ 2 3/8. I think the tax selling is over. To scoop up more SCNG, now is the best time! I don't think the stock will hit $ 1.5. That is wishful thinking. January is usually good for small stocks as mutual fund managers retool their arsenal. If you buy around $ 2+ now, you will definitely see $ 4 in the first quarter of 1999. Their stock offering in 1998 hinted a magic number of $ 4, as a threshold. Going from $ 2+ to $ 4, you should get a 75 % return which is superlative. I am confident that they will announce some big sales figures in the first half of 1999! I don't know if they will come to positive number profitability! SCNG has been narrowing their losses all of 1998! SCNG is a good stock for 1999. Standard and Poor's Outlook still gives SCNG an "accumulate" - 4 * rating as of the third quarter of 1998.

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