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

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To: jack crane who wrote (835)9/1/1998 9:45:00 PM
From: kgg  Read Replies (1) of 1200
 
Jack, just a thought - could it be that Arthur was the one that "stepped up to the plate" today? Alot of volume out of a stock that has no news and therefore no reason to buy. You know that SNDCF has a stock repurchase program in place that if I'm not mistaken, hasn't been used up to now. As I said, just a thought, but Arthur being the far sighted manager that he is, would probably tell you that he has no intention of selling any stock. I'll go one step further and say that he most probably believes that the stock won't be down here for very long because he knows that earnings and revenues are getting ready to ramp up beyond our belief.

I don't know any of this for sure but it just seems interesting that we had over 85,000 shares traded when the average for the last 6 months hasn't been 11,000/day.

I don't know about anyone else, but I smell revenues just around the corner and I think they'll be big. Hang on for a ride, and buy more when we get a gift in the market below $5.

KGG

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