Re: Misinformation Corrections
Let me reiterate: although I have made the choice to put my hard-earned money in Alydaar, it does not mean everyone reading this thread should take my word for it that Alydaar is the best Y2K company. Read other threads, do your due diligence, and prove that to yourself.
From Paul Westly:
Mr. Mitchell you have also mentioned ALYD, on this thread and others, along with Fortune 500 companies, but to date all I found on the wires was a press release about results from a BETA test for DuPont (NYSE: DD). The article does mention other Fortune 500 companies looking at ALYD's solution, but it clearly states that the companies are currently" reviewing" Alydaar's technology. {http://biz.yahoo.com/bin/jump?/prnews/97/03/13/alyd_dd_y_1.html+alyd+97+04 }
"Officials from Alydaar and DuPont are scheduled to meet later this month to discuss a master contract for a long-term relationship." This contract is in NO way a signed and done deal.
Had Mr. Westly attended the Westergaard conference, listened to the rebroadcast of it on MSNBC today, or even read this thread he might have been a wee bit better informed. This contract is worth millions, many tens of millions. Obviously, referals could lead to millions more.
I also am curious why ALYD did a REG. S ? this is not good at all. From what I understand the stock that will, in the end, be converted will not even come out of the float and it will promote short selling. Isn't this true. Why does ALYD need the funds? Doesn't that point to them having too much overhead? Isn't it true that ALYD actually lost money last year?
{http://www.techstocks.com/~wsapi/investor/reply?s=ALYD+sec+filing&sreply=1124792 }
Apparently Mr. Westly wasn't wearing his glasses when he read that news clipping because he apparently missed the line: But it foresees rapid improvement by the fourth quarter when it expects to be "strongly profitable," with at least $10 million in revenues.
Or perhaps his calculator was broken: Let's see, borrow 6.5 to earn 10. Duh. And that's only this year!
"With Matridigm's admission that the world wants "windowing" and not "packed binary", ALYD, IMO, is poised to dominate that market."
{ techstocks.com }
<Mr Mitchell I would also like to point out to you that NO SINGLE year 2000 company can "dominate" the market. To claim such is nonsense.
OK, how about "all Y2K companies combined will dominate that market"? That's a fact. However, I was stating my opinion. Ask me this time next year how close my opinion is to fact.
Furthermore, Zitl's MatriDigm unit was more CSGI's rival than ALYD's because MatriDigm said they had a viable "automated" solution. I believe that MatriDigm's failure opens the gates for companies to flood to other AUTOMATED conversion providers. Does ALYD have an automated toolset? Also please do note that CSGI uses the "windowing" method.
Once again, had Mr. Westly taken the time to do his homework he may have "stumbled" upon Alydaar's web site: alydaar.com, and perhaps learned about Alydaar's SmartCode software. If he were reading the Y2K threads here on SI, he might also have read where a recent Gartner Group study ranks Alydaar's toolset in the "upper right quadrant". And let me set the record straight, I don't care how good a company's toolset is; if they don't have a hardworking, well-trained, dedicated staff like Alydaar has to implement it, then it doesn't amount to a hill of beans, IMO.
Keep those cards and letters coming.
- Jeff
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