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Technology Stocks : SNDT - Sand Technology - A diamond in the sand
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To: krngleman who wrote (785)8/6/1998 12:55:00 PM
From: jack crane  Read Replies (1) of 1200
 
Let, I know the frustration but I am tickled pink that Sand is holding in this silly market.What is happening is indicative of the lack of value investing. Just small companies getting killed when the buyers leave. If you just happen to have a few billion dollars laying around it is scary how much money you can make. There are several good companies selling below cash on hand, which was where Sand was when I first bought it. Certainly Arthur and Susan are not doing the job they should be, and I don't mean that in the running of the company. They just simply fail to under stand the value overall to investor relationships. Most CEOs don't . If a small group or one person owned the company they would be getting weekly reports and be well informed. But with thousands of stockholders it is easy to let that slip as well as being impossible to do with out giving out sensitive info. And with "insiders holding the amount of stock they do they don't have to work too hard to keep the rest informed. This isn't an evil plan , just the facts of life. I am convinced the stock and the company will be talked up when the time is right for many reasons, so don't go bananas. I am happy to see the wild swings gone. Sand is going to let the figures do the talking for now but I think that will change shortly.
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