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Technology Stocks : SNDT - Sand Technology - A diamond in the sand
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To: Robert Graber who wrote (919)11/6/1998 8:36:00 AM
From: let   of 1200
 
Robert, there is both negative and positives in all this. We were all guided that things would be flat for the end of '98. So the loss really meant nothing to me personally. IMO EACH individual has to sort throught this on their own and make their decisions.

The positives to me are, We are already finished with the first qtr.
So that is 1 out of 2 of the bad qtrs behind us, and already into the second qtr...so therefore most of the bad is behind us.

Sand has made significant progress in their marketing agreements. That is a plus going forward into the next calendar year. IBM and WYLE have huge potential when they are up to speed like Hitachi is now.

I am reluctant to really give any opinions because AR said in the CC yesterday that "ONE sale could MAKE their year". So I really feel that whatever I say would probably turn out wrong. AR still sticks by his guns that '99 will be a "stellar" year. If he is right, the stock price should show a nice % gain from these levels.

This stock is volatile as we have seen, it doesn't take alot to make it move significantly (just look at the charts for this year)..

This is just my opinion, and I am sure if you talk to 10 others, you will get 10 different takes on it..I just hope that AR bit the bullet and sorta wrote off most of the bad in '98 and is now ready to move forward. Some of this is the growing pains that new co's go thru when the time comes that they have to throw lot's of cash into the business to mass market product. It sorta had to happen. Hopefully now it will begin to generate sales as a result of their efforts.

Hope this helped.
Let
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