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To: Jeffrey S. Mitchell who wrote (3907)12/31/1997 3:08:00 AM
From: tech  Read Replies (1) | Respond to of 10786
 
hmmmm...


>> I'm also not sure what you do for a living but building a business that goes from $32,000 in yearly revenue to millions in a single quarter the very next year is a pretty big accomplishment in my book and worthy of attention. <<
- Jeff

During, the time he was building this business that went from "thousands" in yearly revenue to "millions", how much did the expenses go up ? Isn't this why they have not been profitable.

>> CEO Gruder you have to separate the man from the company in so far as ALYD as a company policy actually goes to extremes to avoid PR hype. Problem is that when Bob gets up in front of an audience or speaks to a reporter he lets his heart do the talking and not his mind.<< - Jeff

so in reality when he makes his exaggerated claims he is just misleading investors, in a publicly traded company, with his "heart" and not his "mind" ?

>> Do you think Bob is up to the task? << - Jeff

Well, if I was going to sell a used car, hire a guy to write press releases that disclosed as little information as possible, or buy some shiny tradable stock without having to register it, "Slick" Bob would be the first guy I call.

However, if I was going to hire an honest guy who had the investors best interests in mind, disclosed as much information as possible in the press releases, and didn't try to hype the company, he would be the last.

Btw- would you care to comment on the following:

Is what we have heard about ALYD's top man in
Europe quitting true, and if it is true why did he quit?


If Gruder stated that he expected to be profitable in Q4 of 1996 and then he came out and said "Well, we are making a profit now. Two quarters late isn't bad."

wouldn't two Q's later be Q2 of 1997 ?

Was ALYD profitable Q2 of 1997 ? How about Q3 of 1997 ?

Was he talking with his "heart" again, or did he somehow get misquoted?


I wonder what a impression a new investor would get if he read this and bought the stock thinking that the company had actually turned profitable in Q2 of 1997 ? Could be a basis for a law suit.


I wonder if this would have an effect on Bob Gruder the man or ALYD the company ?