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Technology Stocks : SNDT - Sand Technology - A diamond in the sand -- Ignore unavailable to you. Want to Upgrade?


To: let who wrote (666)5/13/1998 9:22:00 PM
From: let  Respond to of 1200
 
I can't believe this thread is so quiet. These are some huge announcements for Sand.

I am at the VEBA home page now...(WYLE's parent company) these guys are huge!! I will post some url's and highlights in a few minutes,
but I highly suggest that u guys go there and check them out.



To: let who wrote (666)5/13/1998 9:36:00 PM
From: let  Respond to of 1200
 
Some VEBA (WYLE's parent) stats:

>> With some 450,000 shareholders worldwide, VEBA AG is one of Europe's
largest publicly-held companies. VEBA is Germany's third-largest industrial
company according to market capitalization as of December 31, 1997.<<

>>
VEBA Group divisions command leading positions in the fields of electricity,
chemicals, oil, distribution, logistics, real-estate management and
telecommunications.<<


With some 450,000 shareholders worldwide, VEBA AG is one of Europe's
largest publicly-held companies. VEBA is Germany's third-largest industrial
company according to market capitalization as of December 31, 1997.


VEBA Group divisions command leading positions in the fields of electricity,
chemicals, oil, distribution, logistics, real-estate management and
telecommunications.



The Group's divisions are responsible for operational business. Headquartered
in Dsseldorf, the holding company directs the overall strategy and
concurrently functions as an intermediary between the capital market and
VEBA's Group companies. The Group's chief aim is to increase shareholder
value sustainably.
veba.com




To: let who wrote (666)5/13/1998 9:45:00 PM
From: let  Read Replies (1) | Respond to of 1200
 
I like the part that 40-50% of their business ships a "value added" product. These guys will push Sand products.
Sales of $3 billion too isn't bad.
Their parent VEBA, is huge and can lead Sand into International markets.

Some things about WYLE:

Wyle plays a leadership role in specialized value-added services. Today,
approximately 40% of all products we ship include a value-added service. We
offer customers a complete pathway of value-added services. These range from
the traditional distributor function such as kitting and autoreplenishment, through
fully integrated just-in-time inventory management systems, to master distribution
relationship advantages. These value-added services are designed to enhance the
competitiveness of our customers by providing time-to-market and cost
efficiencies.
wyle.com

In August 1997, Wyle was acquired by VEBA AG, the fourth largest company
in Germany. VEBA Electronics is a leading distribution and services group with
worldwide activities. This merger established a leading multinational force in
electronic components and computer products distribution with combined sales
of approximately $3.0 billion. Today, Wyle offers its products to customers from
a network of over 35 dedicated sales locations.
wyle.com