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Non-Tech : SGDE - Internet hype, Sound investment, or Both?
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To: Gutterball who wrote (53)3/12/1999 10:28:00 PM
From: JoeinIowa  Read Replies (1) of 75
 
Dan,

Did a little looking at this company for you and what I see is pretty scary. They have higher sales but are making much less money. Profit margins are almost non-existant and probably will be the next few quarters. If they had not been carried on the internet craze they would probably be around $2 right now. Did the 400K they figured it would cost to solve their Y2K problem do it or is that going to be a bigger problem than they thought. Hope this helps.

Joe
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