SEDONA Corporation (SDNA) Message Board

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Microcap & Penny Stocks : SEDONA Corporation (SDNA)

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To: Dauntless who wrote (61)	2/26/1997 5:47:00 PM
From: Ed Ryder	of 731

This year. I got my hands on a copy of the Torrey Pines report. They had many positive things to say about the company. Looking over the past year, a lot of things have occurred: SCNG became the only small-cap company to join the OpenGIS Consortium as a principal member; major new executive talent was brought in, and SCNG entered into a business alliance with Oracle - something the analysts view as very significant. The analysts say "these events collectively represent a pivotal point in the emergence of Scangraphics as possibly a dominant force in the rapidly growing GIS markets, and that the caliber of leadership now in place at the company is sufficient to achieve all stated objectives." The report details some interesting projections. By their estimates, things won't begin to pick up until the 3rd quarter. A dramatic rise in Sedona revenue is predicted for the fourth quater - which they expect will generate 28 cents per share. The analysts write "We then expect sales and earnings to ramp up considerably from there." Their 6-12 month target is $7 and the 12-18 month target is $10-$12. BUT... they also write that their "earnings model going forward may look a bit aggressive, but we feel we have taken an overall conservative approach." They write "we are basing our future revenue projections on a very conservative increase in market share." I expect more. And I expect surprises. I am very confident about holding my shares for a long time. Scangraphics was also mentioned in an article in the December 1996 issue of "Equities." One of their stock gurus, Samuel Braude, made SCNG one of his picks for the year. He writes, "You're getting in on the ground floor where the company is ready to take off. They have financing in place, strong management and product. It's just a matter of time until they get it swinging." The company currently is being very quiet. No press releases have come out since November. They are hiring people - check out their web site www.scangraphics.com ...Whether we will see any short term rises in the stock price, who knows? Anything could happen. The stock price has drifted down on low volume recently. It's probably a good time to buy.

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