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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Risky Business who wrote (7385)10/30/1997 7:33:00 PM
From: tech  Read Replies (1) | Respond to of 13949
 
Risky >> ALYD <<

I was one of the first people to point out that ALYD was way over priced once Bob Gruder stated that they didn't expect to be profitable this year and that they estimated revenues to be $50 million FYE 1998 and $100 million in FYE 1999
exchange2000.com

Soon after I made the above post, Briefing.com did a article on ALYD which covered the same material I covered.

Keep in mind that ALYD has suffered from management's inability to raise funds without the use of Reg. S. shares and the fact that they have to add so many people that their payroll expenses alone are approaching $1.5 Million per month!

They recently even announced a couple of small projects, that did NOTHING to the stock price. That is because anyone can see that at such a high burn rate, one or two million line projects get you no where.

However since CSGI's overhead is so low, a one or two million line projects to them is a completely different story.

exchange2000.com

The question is should one buy ALYD at $17.00 or CSGI at $7.00 ?