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Technology Stocks : Information Architects (IARC): E-Commerce & EIP
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To: Jack McKibben who wrote (282)4/22/1997 12:46:00 PM
From: Jeffrey S. Mitchell   of 10786
 
Re: Making sense of ALYD's sub 9 share price

First of all, I erred when I said the reg -s shares were sold at $7. They were actually sold at $9. Since they mostly went to banks, they undoubtedly were marked up before they were placed with investors. Even better, the shares are classified as "legend" stock which means, by law, they can't be redeemed for one full year! I'm sorry, but dumping ALYD stock because you lump them in with all those companies that offer pennies on the dollar for their reg -s shares is akin to throwing the baby out with the bathwater.

One person's loss is another person's gain. At sub 9, ALYD is hands-down the best bargain in the entire Y2K sector. They've got huge contracts, a wealth of fine people in place to execute them, and a spot on NASDAQ close at hand. Better yet, Zitel officials were quoted on Dow Jones conceding their potential clients wanted exactly what Alydaar offers: a windowing solution.

There is also the possibility of short sellers. With pockets full of cash from shorting ZITL, they might think all Y2K companies are easy pickings. While I would agree that Alydaar should save their major releases until the anticipated NASDAQ announcement, they certainly have enough ammo in their arsenal to send the price surging if they so choose-- so I'd be keeping a close watch on the wires if I were them.

Of course, on the other hand, I do have some rather large checks coming...so I'm not exactly rooting for the price to go up that fast <gg>.

- Jeff
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