SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : INFORMATION ANALYSIS (IAIC) - YEAR 2000 Date Remediation
IAIC 4.280+12.3%Dec 16 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Bob Trocchi who wrote (1802)7/31/1998 1:16:00 PM
From: Ty R  Read Replies (1) of 2011
 
Bob, All. My guess as to why the stock keeps dropping is that there is some shorting going on and that perhaps people are getting margin calls. I sure hope we find a bottom soon! I've sent a whole list of questions to Neal Sanders (IR at IAIC). Hopefully he'll get back to me soon. I listened to the both the IAIC and ALYD CC. I've also studied the quarterly reports from both companies. One thing strikes me. Alydaar's total expenses has been very fixed (6.5 million) over the past 4 quarters, while IAI's has steadily increased (about 30-35% each quarter) over the past year to reach 5.5 million (this past quarter).

I thought ALYD put up great numbers, but obviously not enough to excite the street. Alydaar's CEO had some very interesting comments as well regarding his experiences with customers regarding Y2K as well as the investment community. In a nutshell, it seems that some companies do not care that they have Y2K problems and some are don't what to admit that they have Y2K problems. As for the investment community, he stated something to the effect that large investors are looking for non-Y2K related work now, not promises that Y2K will lead to non-Y2K work.

I believe IAI needed to hit the type of numbers that some here and others on the yahoo msg board proclaimed that we would see in Q2 (specifically, $.20/share or more). Personally, I feel that given the state of things now, IAI would need to hit something like $.30/share in Q3 just to impress large investors. Time will tell.

Regards,

Ty
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext