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To: feltburner who wrote (3520)	12/2/1997 4:13:00 AM
From: Jeffrey S. Mitchell	Respond to of 10786

Felt Burner, I think (hope) today's price rise was due to a renewed investor confidence in ALYD. After a prolonged process for approval by the SEC to be a reporting company, many investors had assumed an "I'll believe it when I see it" attitude about NASDAQ. These same people were also probably wondering if ALYD's $6-8M Q4 revenue projection was also worth taking seriously, especially in light of all the discussion by the "other" tool vendors that they won't start seeing any work, let alone revenues, until Q1 '98! OK, yes, I too will believe it when I see it... but it's a gamble worth taking, IMO, especially when ALYD has hit the 30s a couple of times already, and as recently as only a few months ago. No doubt there was also a lot of momentum buying today. Just how much we will find out on Tuesday when we see if there's a lot of profit taking. Considering that possibility and considering the MMs don't have much more time to screw with ALYD as a BB stock, I am curious to see how wide they make the spread. - Jeff