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Microcap & Penny Stocks : SEDONA Corporation (SDNA) -- Ignore unavailable to you. Want to Upgrade?

To: Paul Lee who wrote (507)	10/16/1998 5:25:00 PM
From: Jerry Rush	Read Replies (1) \| Respond to of 731

~~~~~~~~~~~~~~~~~~~~ Here's the record on SCNG: Dec. 97 revenue....... $1.2 million Mar. 98............... 1.2 June 98............... 1.5 Sept 98 .. est ....... 1.73 Dec. 97 loss ......... $2.6 million Mar. 98............... 2.7 June 98............... 1.0 Sept 98 .. est ....... 0.833 Hmmmm.... the 1/4 million increase in sales went directly to the bottom line Sept qtr? Doubt that. So margins must be improving. Of course, losing half of your income isn't the best thing to brag about... ...but it is better than losing double your income as in Dec. Does appear that a turn-around may be in place. At this rate 1998 could be $6.1-6.5 million sales vs. 97's $4.8 million. That would be an increase of 27-33% year over year in top-line growth. Looking out into the future: Notice that Q-4 and Q-1 have numbers will be favorable for comparison. Both of those quarters had revenues of only $1.2 million. So if Q-4 ( Dec. ) comes in at a projected $1.99 million, the increase will be over 65%. Then if Q-1 meets company expectation of "quarter-to-quarter" improvement, it could dial in around $2.2 million (or 3... ?), which would be a whopping 83% over the previous year's quarter ( on the 2.2 figure ). IF those numbers come to be, it would look like this: ...Quarter to year ago quarter comparisons: .....June 98 qtr.... up 15% .....Sept 98 qtr.... up 33% .....Dec. 98 qtr.... up 66% .....Mar. 99 qtr.... up 82% Now these are top-line growth figures. And they are based on public information and guides to expectations. Of course, the bottom line is something else. This thing has a negative book value. And a PSR ratio of 6. Not good signs. Throw in a lot of shares issued for financing ( and the pending dilution ) and the bottom line is another story. Still, that picture is also improving (note the chart above). Amazing revenue growth always catches the attention of the street. ...After it happens. Jerry