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

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To: Probity who wrote (9163)	12/14/1998 10:57:00 PM
From: Jim Mac	Read Replies (2) of 10786

I thought Gruder said $40M to $50M in 1999 Y2K conversion work, during the not so fabulous 98Q3 CC. Maybe he was being deliberately conservative, considering past inaccurate projections. Will the ERP software be accretive? WHO KNOWS? Will ALYD make good acquisitions? WHO KNOWS? This is purely a gamble stock. There's another code conversion firm out there which actually instills confidence: CRYSF. It's an Israeli company, of course. AND CRYSF already has a Euro conversion tool, unlike ALYD (working on it, maybe). I'd like to believe in all the hopeful projections, and I feel for those shareholders who've been thru the ringer on ALYD, and who truly believe in this company's potential, but the fact is Alydaar has failed to deliver, or just overestimated the demand for its services. 1999 and beyond could be great or lousy. No one knows, and if the past is any indication of the future, it will be full of more disappointments. I vascillate between hating this company, and hating all those other companies who think they can fix their code with lower-priced inhouse staff, only to find out they've screwed up. I wish they'd just send in their code and get it over with.

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