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

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To: 45bday who wrote (8740)11/2/1998 7:46:00 AM
From: Tech Master  Read Replies (1) of 10786
 
Three major reasons for current support:

1) Robert Sims hit the nail on the head... the company reported a profit. It appears that there may be a large amount of unbilled business that accounted for the less than expected earnings.

2) Significant contract growth. Y2K hasn't gone away. There is talk of big Fed cuts to pay for Y2K, ALYD received 9 contracts last month, and currently supports 47 active contracts.

3) New businesses... more announcements coming and hopefully some analyst coverage soon. Gruder talked about a pending acquisition. Throw in some speculation about CPWR buying shares and you have a reasonably positive outlook for the company.
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