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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security

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To: Jeffrey L. Henken who wrote (1494)7/28/1998 11:33:00 AM
From: b. f.  Read Replies (1) of 2534
 
How much further could ALYA fall if it's not done falling?

The stock could fall to any level, looking at a chart will not tell you to what price an issue could fall. But if you are looking for resistance then we are at it or very close to it now.

Then for those of you who see the upside, please tell me how high and why?

The upside is of course unlimited, the distributers that I have talked to value the companies software over the hardware and say that things are up in the air until such time as the industry adopts a standard.

I think that it is a high risk reward situation and for anyone that feels comfortable with their knowledge of the technology the company and it's prospects might be a good gamble at this point or maybe when a moving average they are fond of gives a buy signal. I as you may know do not have a position at this time.

If I may put a question to you. Could you please give us your opinion on the bookkeeping trick the company used in the last financial release, the "news" releases that engendered the sell offs on same, and the attempts to pump up the value of the stock by hiring World Vision. Are they acquiring another company with shares, thinking of being bought out, want to get more money per share as they sell shares to support the business, or perhaps some people wanted to get rid of some cheap shares? Other reasons?
You may have another reason. The above has cast some suspicion on the whole operation in some peoples eyes and your comments would be much appreciated.
Thanks in advance.
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