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

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To: Captain Jack who wrote (5954)4/29/1998 8:57:00 PM
From: sibe  Read Replies (1) of 10786
 
- it sure as hell should have risen on todays numbers... it would be
nice to see what it takes to make this one move....
--John

I don't necessarily agree, John. The price of 16 to 17 before today's announcement already took into consideration today's reported increase in revenues and profit. Also, the revenues reported today were below the numbers projected on this thread based on a 50% increase. Expenses continue to rise. But most important, the eps of 9 cents hardly justifies a price of 16 to 17. Nobody on this thread doubts the severity of the Y2k crisis. However, I am starting to doubt Alydaar's ability to cash in on the crisis.

I don't foresee much upward movement in the stock price until Q2 earnings come out, and then only if they are extremely positive. The company has released numerous contracts already without any influence in the price. I will be selling and moving my money to other investments during that time. One thing I'm looking at is precious metals mutual funds.

I'll still be around this thread in case Alydaar shows promise in the future. But for the short term, I think I can do better elsewhere. Best wishes to my fellow Alydaarlings.
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