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To: bob oserin who wrote (3641)12/7/1997 11:54:00 PM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 10786
 
Re: ALYD Odds and Ends

Shorters
Anyone that reads the SI threads of the other shortable Y2K stocks (the ones not on the OTC BBs) knows that most of them have attracted the attention of shorters. One short who frequented a particular Y2K thread was allegedly outed as someone in the employ of a MM and also accused of feeding deliberate misinformation to Bloomberg. To me, this is a lot more insidious than posting that "this company is as close to a y2k scam as you can get."

As for Pancho, let's hope he's just ignorant and not trying to manipulate anyone that may not have taken the time to read this thread, ALYD's web site and/or their SEC filings. It's a pity he had to resort to such tactics, but I guess it must be a pretty bad feeling to be short ALYD at 13 13/16. (gg)

Trading vs. Investing in ALYD
'98 should be a banner year for Y2K stocks. It is my opinion that anyone invested in any of a number of them will be greatly rewarded-- even if they buy now and close their eyes until late next year. To say that "those who just keep staying on the roller coaster and hold long are fools" is condescending. I only wish trading were that "easy". My guess is there are a whole lot of people that bailed on ALYD at 12 who wish they were still holding when the stock jumped back to 18 recently in the blink of an eye. If you don't like roller coaster rides then stay away from Y2K stocks. If you want to play roller coaster stocks under better odds, then I suggest you quit your day job, get yourself a Level II machine... and a case of Pepto. And if that doesn't work, you can always just pretend. (gg)

Bemer and Vertex 2000
Both TEDennis and I have written at length on other threads about Bemer's innovative yet radical approach to curing the millennium bug. From a technical perspective, we feel it would work under certain circumstances, but feel there are probably too many "gotchas" to be used on a mass scale. From a strictly practical point of view, I doubt many large companies will trust their mission critical code (the stuff they will no doubt be remediating first) to v1.0 of software that represents a v1.0 concept that resides in the brain of 1 person. I expect the impact of Vertex on the industry to be minimal at best.

- Jeff



To: bob oserin who wrote (3641)12/8/1997 12:20:00 AM
From: David Eddy  Respond to of 10786
 
Bob -

Dave Eddy and J. Mitchell. have you been keeping up with Bob Bemer
and Vertex 2000?


I have not... is there something new over there? I've not been actively monitoring Bemer's progress.

Unless something radical has happened, I'll stick with my original opinion (& also expressed by Jeff)... Bemer's "solution" will potentially (he's still got to turn it into a working product, rather than just a nifty idea) be appropriate in certain cicumstances & not in others... just like ALYD & others.

Remember... there's a reason there are 40 different kinds of hammers on the wall at your local hardware store. One size does not fit all.

- David