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

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To: let who wrote (647)4/16/1998 10:31:00 PM
From: Jon Siegel  Read Replies (1) of 1200
 
Let, thanks for the rundown. I feel a bit better realizing that the pattern was to raise the bids to try to get someone to sell, and almost no one went for it. I do expect that we should see some very strong movement once the earnings start coming in within 1 - 2 quarters, though timing would depend on what kind of payment terms they have. For large database installations they probably wouldn't get paid a whole lot until it's up, running and accepted. But since it looks like the Nucleus Server is kind of "tacked on" to existing databases, acceptance might happen much quicker. Looks like a great holding!

/Jon
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