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Technology Stocks : Information Architects (IARC): E-Commerce & EIP

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To: Ken Salaets who wrote (447)6/25/1997 4:56:00 PM
From: Dwight E. Karlsen   of 10786
 
Ken, re >maybe I am the only person here who isn't aware of who these other companies are, but it seems rather curious that they would insist on being anomynous (sp?). Any insights you can share?

Sigh.....I'm simply repeating what the CEO of Alydaar says in one of the letters on the web site at alydaar.com

To address your comments: 1) NO ONE but insiders at Alydaar know who these other companies are. So why would anyone on this thread know? According to Alydaar, SOME companies that they are working with have not given the authority to Alydaar to reveal their names. Customers DO have a right to make that a term of the contract, if they so choose.

2) At first blush it may seem curious that some companies want to be anonymous. But the companies Mr. Gruder mentions as being unnamed are (I surmise from comments he makes in the letters) in the banking and insurance industries. These are extremely date and money sensitive businesses. How would it sound if Chase Manhatten Bank announced that they had hired a bulletin board company to fix their Y2K software glitches? "Don't worry, customers, your money is still safe with us. We promise we won't loose a dime". Doesn't sound too bad. Nevertheless, when there is the option to simply tell Alydaar to not reveal their name as a customer, wouldn't that be the preferable option for a company such as Chase Manhatten Bank from a PR perspective?

I've researched Y2K stocks as thoroughly as I could since Dec 30th, when my attention was drawn to the sector via ZITL. The ONLY company I felt worth putting money on was Alydaar. And even though it sat and traded flat for 2 months, I stuck with it. Now my money is doubled in just 3 trading days. Works for me.

DK
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