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

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To: tech who wrote (2350)	9/12/1997 5:40:00 PM
From: Gerald Underwood	of 10786

Tech, You keep going back to (50) million. I was discussing (500) million. Also your salary figures were previously at $50,000 per year. Now you are using $60,000. I would just like to theoretically use the 500 million gross revenue figure. WHY do you think Gruder is going to have 500 programmers with revenues of only 50 million? Wake up and smell the roses. IMO ALYD has to have WAY over 50 million in contracts by now. Also don't be too sure contracts signed next year are going to be only $.40 per LOC. Estimates keep going up in y2k as the time factor compresses. This could be doubled by mid 1998 when outsourcing factors start to become fully booked. BTW P/E of 39 is way below the average of most other y2k stocks. So why would ALYD be a standout in this field. IMO ALYD has the potential to be a home run company and you still have it waiting on the bench. Talk to us in the spring of next year and then tell us about the 50 million. Gerry

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