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Technology Stocks : Information Architects (IARC): E-Commerce & EIP
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To: Mike Winn who wrote (449)6/25/1997 12:55:00 PM
From: R. Bond   of 10786
 
Mike,

As a Bulletin Board stock, Alydaar is not required to report its financials like the stocks on the larger exchanges. This will change when it moves to the NASDAQ Market. This is part of the reason that people expect the price to rise when it moves there: greater accountability, exposure, etc. Let's hope this is correct!

May I add the caveat that, generally speaking, one must not take anything acceptable to the SEC as the truth. It has been my experience that a company can post forms to the SEC that are full of inaccuracies and out-and-out lies without being censured. The SEC cannot be relied upon to guarantee the veracity of reports which you find on EDGAR. I speak from hard experience. One must do your own research, call the company, judge the character of those you contact, and think.

Cheers,
Bond

P.S. And, of course, keep your fingers crossed, always carry a rabbit's foot, and throw salt over your right shoulder before placing a trade.
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