Preheat oven to 350ºF.  Cream the butter and sugar until light and fluffy. Add flour and almonds and mix well. Divide dough into fourths. Form each fourth into a log 1 inch in diameter. Put colored sugar on a long piece of wax paper and roll each long in sugar. Refrigerate until firm.  Cut into 1/2-inch slices and bake on un-greased cookie sheet 10 minutes. Remove from cookie sheet and cool on wire rack. Makes 80 cookies.