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To: Rick Voteau who wrote (3223)11/12/1997 10:33:00 PM
From: smallstocks  Read Replies (1) | Respond to of 10786
 
Has everyone ignored the fact that the entire Y2K sector continues to get hit hard? Significant amounts of announced contract revenue remain unearned due to delays. This is not just a problem for ALYD. Does everyone believe that this means that the Y2K problem is not as big as anyone really believes? Come on now. The market is impatient with Y2K right now (for that matter, the whole tech sector is getting crushed - i.e. COMS has halved - does that mean its' investors have been conned?). VIAS down 4 today to 36 and change after recently trading in the 50's. DDIM dropped from 42 recently to 18 and change today. CHRZ has gone down significiantly the last two months. And so on. Everyone is frustrated, but this garbage about ALYD being a con job is just that, garbage. Let's try to use our heads please and think this situation through a little more clearly. The stock may have halved in price recently, but so have many other tech/Y2k stocks.



To: Rick Voteau who wrote (3223)11/12/1997 11:36:00 PM
From: tech  Read Replies (2) | Respond to of 10786
 
Rick, as I have stated there is a big difference between ALYD and CSGI

1. about 300 people

2. CSGI payroll of $1.5 million per YEAR compared to ALYD payroll of $1.5 million per MONTH!

It won't take that much to jump start CSGI.... Since CSGI's overhead is just a fraction of ALYD's, even 2 or 3 million line contracts will have a tremendous effect on the stock price.

We all saw, and I pointed out, that the two small contracts ALYD announced were pathetic for the amount of overhead ALYD has.

BTW- I challenge ALL Y2K investors to list the companies that have done all of the following

1. Received a Y2K Contract
2. Converted the code
3. Tested the CODE
4. FOUND NO ERRORS and deemed the project complete.

Basically, find a company that has completed a Y2K project with no errors.