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

To: Ram Seetharaman who wrote (551)	1/9/1999 2:20:00 AM
From: Ted Zeilstra	Read Replies (1) \| Respond to of 731

The stock rose for 2 days and stalled today, even with decent volume. Breaking through $3 will be a good sign. The company has been exceptionally quiet lately. They have pre-announced earnings for the past couple of quarters, and with possible selling by Broad coming up in just a few short weeks, it might be a good bet (and in everyone's best interest) to continue the trend. In any event, they are not "required" to officially report until about April 1st. Word has it they are seriously and diligently working to come up with a new name for the company. That, in and of itself, won't have any impact on the price of the stock, but the explanation as to why they want to change the name might be a help. Don't look for any releases about sales of SV. Neither the company nor their customers want the information telegraphed to their respective competition. I think the only place we will see the impact of sales will be on the bottom line in the upcoming quarterly reports. Even then, it will depend on how/if they break it down (between divisions) in the report. I am a little surprised though that they haven't even made any comments about Tangent or TRC. Hope this helps.