	sand technology sndcf mulling reverse split sand technology systems inc said it is considering a reverse stock split of at least one for and expects to report a second quarter profit compared to a loss last year the stock consolidation is something we re discussing but it s not definite sand technology president jerry shattner told reuters in an interview a private placement recently brought the number of outstanding shares to mln up from mln shares on july the fiscal yearend the company has always had the aura of a penny stock shattner said adding that sand plans at some time to apply for listing on the montreal stock exchange shattner said the company expects to report a profit of five pct or about dlrs on sales of seven mln dlrs for the second quarter ended january results for the third quarter should be about the same as the second he added last year sand lost dlrs on revenues of dlrs in the second quarter after a disastrous first quarter sand hopes to break even in the current fiscal year shattner said the company has scaled back its sales forecast to about mln dlrs from the mln dlrs projected in december the rapid appreciation of the japanese yen against u s and canadian dollars last year led to sand s loss of mln dlrs or two cts per share on sales of mln dlrs in the first fiscal quarter this year the company lost dlrs or one ct per share on sales of dlrs shattner believes the company will post better results this year due to several factors last year one of our biggest problems was we were buying products in japanese yen we now buy some products from hitachi in u s dollars and the results are starting to show up in the second quarter he said sand technology sells under its trademark computer accessories such as disk drives solid state memory enhancement devices and printers manufactured by hitachi ltd hit of japan shattner said sand s affiliate in detroit st systems inc is developing software that lets large maniframe computers handle large databases and share them between applications it is also distributing a new product called sapiens which is artificial intelligence computer language for use by major corporations the company has also reduced costs through some staff cutting and a switch to profit sharing plans for sales staff instead of straight commissions shattner said and sand plans to market a laser printer in the fourth fiscal quarter shattner said reuter 
