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

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To: DeeDee M who wrote (600)3/23/1998 4:22:00 PM
From: Jon Siegel  Read Replies (2) of 1200
 
Does anyone have an idea what's driving the price down? I realize the earnings weren't exciting, but nobody expected them to be at this point.

Also, where has everyone gone?? This thread has dropped to about 1/2 posts/day! I guess that's ok if no one has anything to add, but I miss some of the discussions.

OK, I'll start. I don't have a database background, but my understanding is that the Nucleus Server is a product to do data mining on a database. If this is true (is it?), is it possible that the stock price drop is in response to Oracle's announcement of the selection of 7 data mining partners for their Oracle(R) Warehouse Initiative (WTI, a joint marketing and product development program of Oracle's Data Warehousing Solutions)? Sand Tech was not one of the partners. You can see the full article at biz.yahoo.com
Is WTI direct competition for the Nucleus Server?

May we all eventually retire on SNDCF!

/Jon
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