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

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To: William Nicholson who wrote (566)3/12/1998 1:35:00 PM
From: let   of 1200
 
flat earnings...probably within a penny profit or loss either way.

This has been the pattern of last couple reports.

I see basically no effect on the price unless they were better than expected by alot. They have warned us that the spending on advertising for the new products announced will delay profitability for a quarter or so, but to expect a good year end for the 3rd and 4th quarters of '98.(see previous posts on conference call)

the extra spending seems to have been well spent from the endorsements and stock price now too. IF Jack and kgg is right on their latest posts for the big $$$ to come in around June, then we may get profitable a quarter early.
Most of this spending Sand should have had the cash on hand to pay for. I think they had $7 million last time I heard.

Quite a feat to develope these products and remain basically debt free and have cash on hand of almost $1 / share.
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