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Technology Stocks : SNDT - Sand Technology - A diamond in the sand

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To: let who wrote (307)9/26/1997 11:01:00 AM
From: Tom Griffin   of 1200
 
In my opinion, there is extremely strong support at the 5 1/2 area. I believe most are merely taking a wait and see attitude until the next earnings report. We have been in a very tight range for a few months now, however the volume has been picking up lately which indicates accumulation to me. When SNDCF starts to move I believe it will move swiftly.

I have accumulated all of mine at 5 3/4. I have traded Sand before, but with the latest sales, I believe the ramp up is beginning, albeit slowly, so I am planning on being long for several years from here.

Tom
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