No, I hadn't seen that. If ALYD can do $10M, that would be a decent sequential increase from $8.4M from last quarter. But, even better, if they can do .15, that would be a sequential increase of 50% over last quarter's .10.
Buyer beware, though. ALYD has over a million shares of short interest (although some news might cause a serious pop) and the Y2K sector hasn't been doing too well lately. Nevertheless, I think Y2K is a major problem and ALYD is well positioned to take advantage of it. In other words, it's when, not if, IMO, ALYD takes off again. Heck if I know when, though (g).
- Jeff |
