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

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To: Jeffrey S. Mitchell who wrote (6012)	5/1/1998 7:48:00 AM
From: sibe	Read Replies (3) of 10786

it puzzles me how someone like you-know-who who posts under a dozen names can be a hero to someone like Sibe. --Jeff To Jeff, Tech is not my hero. I just want to hear his opinions, whether he is associated with another company or not. The reason I am so committed to hearing everyone out is that when Alydaar reached 32 last summer, almost everyone was talking moonshot. If people felt comfortable expressing negative opinions, maybe I would have sold some then. But I didn't. Now don't get me wrong. I take full responsibility for not selling in the 30s because I was greedy and listened only to the positive spins. I found the Q1 numbers disappointing. There's just not that much time left to cash in on Y2k. Alydaar has to make the acquisitions in order to show Wall Street that it has a life after 2000. But to do so, it will need to spend a lot of money it doesn't have or to sell more shares. Bob Gruder also remarked in a past interview of buying new space for his company. That also will mean more expenses because they have not yet announced the purchase of the new building. It appears that Alydaar employees are being compensated partly by stock options. What happens when they see these stock prices stagnant and the company not having taken definite steps for post 2000? Y2k programmers are in tremendous demand. They know their talents will be dated. They want to cash in on this problem like we do. And they want to be sure they have a job after 2000. To me, Bob Gruder has not satisfied shareholders or employees. Remember, Bob Gruder only makes $60,000 a year. The rest is in stock options. I doubt that the programmers make that much. My guess is they get a lot of stock options which have not been that profitable. I'm concerned that the employees will leave for a more secure salary and future. I have sold some recently and plan to sell some more. But I'm hanging around this thread in case I think it has a chance to get back in the 30s. Right now, I doubt it. Certainly not in the short term.

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