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

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To: let who wrote (653)5/1/1998 12:55:00 PM
From: let  Read Replies (2) of 1200
 
There was one or two other things mentioned in the conference call,
Do your own homework...but here is what I can gather from it:

Sand is near to signing a marketing agreement with a major corp. with sale of at least $3 billion per year. (one of the top 3 was implied, but they were pretty "coy" about releasing names or how many units have been sold or shipped lately)

Arthur said also that " we usually handle nickels around here like man hole covers, but I am spending like crazy now. Expanding the work force here to cover the kick off of the new products"

They have a "Throw-away" product too. It holds so many gigabytes and then u throw it away.(or keep it for future reference)
I like this because it means future sales to the same customers.

Their system will handle "off site inquiries" (I think that is how they said it) anyway a salesman can call in and get the answer to a question while on the phone.

The IDUG show in San Francisco that is May 13 is expected to be big for Sand. Sand is preparing 1000 sample disks to give away to potential clients. They expect to be exposed to 2000 potential clients who meet their criteria for their products.

I am sure there is a few things not covered, but this is a start.
Hopefully the beginning of some great things to come.

Hope this update helps,
Let
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