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


To: jack crane who wrote (837)9/2/1998 2:14:00 AM
From: gcrieff  Respond to of 1200
 
sand buying:

just of the top of my head I think sand had stated previously that they would buy back stock within a certain range as it was undervalued maybe 7 months ago, but it quickly jumped out of their price range.



To: jack crane who wrote (837)9/5/1998 10:48:00 PM
From: kgg  Read Replies (1) | Respond to of 1200
 
Just read that Hitachi Ltd from Japan will report a loss for the year for about $1.83 billion, business is really bad over there. In addition, the Pres. of the company said that their problem is a real crisis.

I would bet that Arthur Ritchie is trying to team up with another mainframe player just in case Hitachi starts to stumble with it's sales efforts worldwide.

Would like to ask Arthur on the next conference call if this news from Japan causes him any concern. After all, the mainframe sales are very big in terms of $. But then again, maybe that's why he has pushed so hard to get this NT version and the Windows version out on the market, because that's where the real big $'s are at.

Well anyway, earnings release should be soon and I'll bet there's an upside surprise !!!!