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Technology Stocks : SI Diamond Technology (SIDT)

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To: Lou Esposito who wrote (49)5/29/1997 4:42:00 PM
From: Joe Master   of 623
 
This dog isn't going anywhere based on fundamental business. IT may see an uptick if it is hyped enough. Look closer at the PR announcement. It doesn't promise any sales this year. The product still has to be developed. They probably recieved some funds for development which will keep the doors open for a while, but the company is still almost out of cash.

Please keep in mind I am a bit bitter because I saw this as a potential short a year ago when the price was $5.50, I missed shorting it because it sunk to less than $5 before I decided made my decision to short it and I have been left on the sidelines ever since. This company is undercapitalized and the story isnt nearly good enough to remedy this fact.
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