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

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To: Matt Hale who wrote (2087)	8/27/1997 11:18:00 PM
From: Richard Haugland	of 10786

ALYD EASILY qualifies for NASDAQ listing under their new option #3, which is primarily based on market capitalization, rather than net assets. That option is actually easier for ALYD to meet than previous listing requirements of NASDAQ because the company has the required float, price per share and number of market makers. I agree it can be slow, but ALYD has been working on this for some time now and according to posts here has made some recent fine tuning of their application. Listing, at least, should get us timely financial reports, something that has been sorely lacking from ALYD, although they could also be in some kind of "quiet period" too. Although I have no definitive information, I see listing is happening relatively soon, perhaps after the Labor Day break. It would be nice for ALYD to be able to announce this at the Cruttenden Conference next week.

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