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Technology Stocks : Information Architects (IARC): E-Commerce & EIP
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To: Jeffrey S. Mitchell who wrote (5025)3/18/1998 1:25:00 AM
From: Jeff Rogers  Read Replies (1) of 10786
 
Dear Jeff or anyone else.

Have been a long term investor in ALYD for about a year now.

I have followed this thread since last summer and have read almost all of the posts. This is my first post on the Silicon Investor and on this thread as a member.

God knows I don't agree with everything Tech says, but his numbers and calculations seem to make sense.

Wasn't ALYD saying they would be profitable in 1997 and achieve near break-even by the end of the year ? What happened to this ? I don't think -$7.6 million in loses would be considered as meeting this goal.

Another thing I am confused about is that with all these major contracts w/large companies ALYD is still losing money ? How can this be ? Are these contracts not as they seem ? is that why we never see the $ or the number of lines mentioned ?

One thing I am starting to agree with tech on is the complaints about the way Mr. Gruder has ran this company. He has hurt ALYD's credibility by putting out high expectations and not meeting them. It also disturbs me that the previous company he managed went belly up. That is not something that makes me feel good to know.

I have tried to be calm and wait for ALYD to break through, but every time it seems like it is about to make its move, it ends up going back down. After a year of seeing tech making a killing going in and out of the stock, it is getting really frustrating holding on to a long position.

It is especially bothersome when we keep seeing all of these major names mentioned in press release and yet the loses keep getting bigger and bigger.

any ideas ?
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