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

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To: Captain Jack who wrote (1920)8/16/1997 12:59:00 AM
From: Jeffrey S. Mitchell   of 10786
 
John, next week should be an interesting one:
1. I hear the SEC is close to signing off on ALYD's Form 10... finally.
2. Earnings might possibly be released (no official word, though).
3. When ALYD decides to finally release news, they do so in a blitz, so who knows how much more is in store next week.

Now let's be realistic. This week's news should have propelled the price much higher. We saw a contract with a billion dollar company, we saw an alliance that may bring in a billion lines of code, and we found out about the IBM-ALYD hiring connection. Nada.

There was low volume today. MMs hate low volume. I've alerted several people to be ready to pounce if we see another one of those flash tankings during the day to nail people with stop orders (note to newcomers: don't panic during sudden drops as the stock always recovers almost immediately; just check past daily charts).

The flip side is that I'll be away until late Monday at a conference in Nashville. The last conference I was at was in June and that's when ALYD made its run from 11 to 22 -- so we'll see if history repeats itself (gg).

Lastly, the reason why I'm unconcerned now about the stock price is that once ALYD is on NASDAQ, we'll all look back and see any price in the 20s as a bargain. With the Cruttenden Roth Conference on the horizon, I expect ALYD to do everything in its power to get on NASDAQ before then. Here's to forward-looking statements!

- Jeff
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