ALYA Cost cutting system via software as well as security Message Board

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

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To: Essam Hamza who wrote (1864)	10/14/1998 1:28:00 PM
From: TLWatson59	Read Replies (2) of 2534

E. Hamza: Curious stock market action today in light of the ALYA news. Perhaps some are wondering about some of the language in the Release : "Wednesday, Oct 14 1998 9:40AM ET Motorola Worldwide Smartcard Solutions Division Provides Letter of Intent To ALYA" The release headline indicates a "Letter of Intent." Reading the body of release text there is a clarification of what may at first seemed like this was a letter of intent to issue a contract. The letter apparently says Motorola agrees to" propose" introducing the O.P.E.N. centrix Advanced Access Management System for Motorola's campus in Schaumberg, IL. It does not say that MOT has elected to install the system.Further the release states:, " Installation of the ALYA system is expected to be completed in eight months. Financial details will be announced following final signing of the agreement between ALYA and Motorola WSSD." Perhaps it's picky on my part or possibly a misunderstanding in translation but from the wording of "propose introducing" I would take that to mean that ALYA, possibly in light of the close cooperation with Motorola, made a proposal to them to install the system in Schaumberg, IL and what we are seeing is the Motorola response that they would make such a proposal to the powers that be to consider such an installation. Then if the project is approved by Motorola, definitive contractual performance and financial arrangements would be made. If this were actually a "done deal", why the stock's failure to gather steam and move full speed ahead. Of course it could all be wild conjecture on my part and those selling the stock are really going to be sorry for being so dumb. In any event, I hope it will not be much of a delay until the final conclusion to this project is announced. If Motorola were to also make a definitive announcement to that effect it would put an undisputable seal of approval on ALYA.

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