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

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To: Robert K. Sims who wrote (6441)5/28/1998 8:29:00 AM
From: John Melillo  Read Replies (2) of 10786
 
I was there when Alydaar first started trading on the pink sheets. I was there when they first hired Hollis Scott and the stock artificially ran to $36 and I didn't sell. I was there the second time when the stock artificially ran to $32 and I didn't sell. I finally sold at $16 and left a lot of money on the table. Unfortunatley I was ,and still am I suppose, a novice investor. This time I hope to do it right. Waiting for the right entry point once again. I made a lot of money off of Alydaar since I was in at the beginning. In fact Alydaar is what has enabled me to change careers from an Electrical Engineer to a trader. I make more trading incidently. I was the the "techie" who recommended the technology to a group of investors when Alydaar was just a concept. In fact I helped convince Bob Gruder to utilize the AI program he bought from Julius to do migrations and translations instead of trying to manufacture compilers as GEMTECH. Hence Alydaar was born. Alydaar needs to show EXPLOSIVE earnings growth in the second qtr for this stock to be able to get back to the previous support of $18 or $19. No more code delays, no more excuses. I am very well aware of the year 2000 problem and understand the urgency. Heck as I mentioned, I was an EE and was around writing programs for the earliest IBM 8080 PC's! This was before they had seperate EE and CE curriculums. Anyway the point of all this is that all though the programmers and technical people on this thread are well aware of the y2k problem, the street isn't. Viasoft and many other premeir y2k companies have consistently missed their projections for y2k revenue. Kinda like the boy who cried wolf. It's going to take a lot to bring investors back to this sector. Something like a very visible MAJOR systems failure. Any hackers out there up for the task? Just kidding....

John Melillo
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