Re: Runner's questions regarding Alydaar's form 10
So far everything that has been filed for NASDQ is less than exciting compared to the positive press releases from Mr. Gruder. Hey Mr. Mitchell what do you think?
When I sent for my first Alydaar information packet, they sent me the '94 and '95 financial statements along with it, so they were not a heavily guarded secret. My reaction was "hey, my own software company's financials are better than this-- so how come these guys are getting so much attention and are potentially worth millions?" Well, I noticed that one of Alydaar's accountants on the financials was from Orange, CT, where I grew up, and the other was from Fairfield, the next town over. So, I picked up the phone and had a long talk with the one from Fairfield and asked him what Alydaar's secret was. Plain and simple, he said, "these guys had a story to tell".
If you think about it, a Y2K stock is not dissimilar to a mining stock. With an estimated $600B in business out there, there is gold in them thar hills. The question is, which prospector will mine it. If you or I were to dig a hole in our backyard and find gold, would it matter what our past financial worth was? The difference is, Alydaar not only saw the potential market, they put things in motion early on-- which is why they are reaping while others are just sowing.
I know you love this stock too. Is she a mistress, a fling, or a wife? If you are married and she reads your posts, how candid can you be?
I am married and while my wife is welcome to read my posts, she just assume go do something more productive<g>. As for stocks, between myself, friends and relatives we have $x00,000 in ALYD with x>1-- so make you own judgement about whether I wear rose colored glasses or not. IMO, however, people heavily invested in a stock tend to be more critical of a company than those that are in only casually. Is that seems odd, ask yourself who is more critical of a sports team, the hometown fans or those of the crosstown rival? In general, the closer you are, the larger the flaws seem.
Yes, I am conscious of what I write about Alydaar. It didn't start out that way, but when I started getting e-mail from stockholders I got nervous that people actually took what I said seriously. After all, I'm not a journalist, I'm just one guy writing about one stock that I own. If you read my other posts on SI, you'll see I'd rather rib someone than post something serious. My TechniClone thread is closer to my real personality than my posts here.
Be that as it may, for whatever reason, I feel a moral obligation when posting on Alydaar to get my facts straight. I have a network of people I talk to so even if I post something that proves not to be accurate, I can honestly say I tried.
As for Alydaar's future stock price, I think the whole key is getting on NASDAQ. It will probably happen by the end of June, but it may happen much sooner or much later. Therefore, I choose just to sit and wait and not be caught off guard. Whenever I get "spare" money, I usually put it into a semiconductor stock for a daytrade, unless ALYD is sub 10, then I can't help but accumulate more of it.
Is ALYD my favorite stock? No. I have millions of shares of another stock-- my own. I do hope to go public late this year with it-- we're into electronic commerce stuff-- so, if that happens, well... here's to dreaming <gg>.
- Jeff |
