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Non-Tech : PFSD: Pacific Sands, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Geoff Altman who wrote (36)	8/17/2006 1:13:32 AM
From: Peter Dierks	Read Replies (1) \| Respond to of 55

This is currently way over my limit for holding. I usually dump and forget stocks that fall below 90% of what I paid. It looks a little like a pump and dump. I will wait until they announce the 3rd quarter then run some analysis and make a decision then. One might double down, but it seems that attempts to catch falling knives often result in cuts. Don't forget that the business model is cyclical and no interesting financial reports are likely until the end of the first quarter of next calendar year. It would be good if they have enough cash to last them through the winter so they don't have to trash next years revenue by selling cheap to generate cash over the winter.