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

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To: Paul Westley who wrote (5973)	4/30/1998 12:44:00 AM
From: bob oserin	Read Replies (1) of 10786

Paul, I know nothing about Tech's alleged vendetta against you. However, I do verify that Bob Gruder has hyped revenue and expected margins inordinately over the past 9 mos. I seem to remember Delbert reporting from Europe that BG was telling investors there he expected a $100mm 1998 with margins of better than 65-75%. Around Nov.-Dec. I think he was estimating a $10-$11mm 1998 first qtr. No one was discouraged by BG from projecting a growth rate leading to a $100mm yr and earnings of $2-2.50. With all this said, BG's premature exuberance and expectations might be more the blame of corporate executives' failure to act to fund IT costs and budgets within his time-plan. If Tech is correct, that we should be looking for $1.75 this year, then why should ALYD sell for anymore than $20-$22? Finally, it would be nice if you both would agree to disagree and continue this discourse in a more professional manner. BOB O

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