SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : SNDT - Sand Technology - A diamond in the sand -- Ignore unavailable to you. Want to Upgrade?


To: Sleeper who wrote (1082)6/15/1999 10:27:00 AM
From: let  Read Replies (2) | Respond to of 1200
 
Here are some positive points that I feel is worth noting regarding earnings :
1. We were profitable

2. Very conservative accounting principles used means only reporting what Sand has a check for. No hype here from AR. Not reporting FUTURE revenues is good for now. No reason to pay taxes or hype it yet.

3. They had revenues of really $1.2 million, (arrived from $878,000 plus the $340,000 Hitachi dividend) that means he has another $500,000 in dividends to receive. This also means that revenues were double qtr over qtr on Nucleus.

4. The pipeline IS full...not just beginning to fill.

5. The government sale probably is NOT included in this qtr.

I am sure several key questions will be addressed in the Con. Call at noon. I am still holding as I veiw the numbers not reflecting the true progress that has been made. IMO, this glass could be 1/2 FULL, not 1/2 empty as one might think at first glance.

Let