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

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To: let who wrote (506)3/3/1998 5:25:00 PM
From: Warren Gates  Read Replies (1) of 1200
 
I'm still holding on for the big party. At this point, stock is overbought though on a technical basis. Fundamentally, it's still a very good value considering that the Hitachi dividends alone are probably worth $4 a share. I will ease out though on a few of my shares. It looks like the rise today is due to short covering and I don't want to see a blowoff develop like the last time the stock hit 30 (pre split)
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