Hi Sandmen, Where will it go. How bout what is it worth?
Lets look. Sand is three things. 1.Canadian distributor
For Hatachi. Dividend possibilities of 3,4,5 million a
year. Got to be worht $25 million to someone. Easy.
Neuculus software? Lockheed put in 30 million,Sand 40-50
million. so lets figure 75 million. Bare assets $100 mil.
Most cos sell for a premium over book,so lets use 1.5 book
and we get a co value of $150 mil.@$15/share.
What the heck is this software. 1. it exhists, it is not
airware.We are told it is revolutionary. It has patents.
Whats this mean? who knows. Interesting people have been
impressed.Assume it is revolutionary, what could this
mean. Simply-A LOT. A revolutionary product could hurt a
lot of big players. Players with a lot of bucks, who spend
more annually on advertising that Sands market cap. Ritchie
told me over a year ago the software was worth 250 mil.
cut it in half, add dealership of hitachi, co value=
150mil.Honest company value, no hype, is 150mil or $15
a share. Where will it go, who knows. good potential for
the big time Getting better support than I expected now.
I think this is why. Take some realbrass to short this
Mama. Me, I am hanging around for the long term, trading
when it makes sense. Big players, already there. huge
industry, possible great product. My kind of Sand box |
