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Technology Stocks : SI Diamond Technology (SIDT) -- Ignore unavailable to you. Want to Upgrade?


To: Redman who wrote (71)10/24/1997 11:28:00 PM
From: John Q Binford  Read Replies (1) | Respond to of 623
 
This I think is an all time high in volume, nearly 10% of outstanding shares. The last time it dipped to l/2 it turned around and went to almost 1-1/2. I think something must be about to happen. Maybe it is anticipated earnings. They previously stated that they were hoped to break even in the third quarter. If they do, it would certainly give a boost to the stock price. At l/2 the total capitalization of the company would have only been $7 million. If they can become profitable, the price should soar. I have been waiting patiently with a cost price of just over $1 on quite a few shares. I don't understand their agreements with the several companies. Do they have manufacturing facilities, or will they be dependent on outsourcing their production to these partners? I will try to call the company next week. It has been 3 months since I talked to them. When I did call I got the feeling that they were at least six months away from an actual flat display screen product. I hope they have made progress on this. What do you know about the competition?

JOHN BINFORD