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

To: Nanda who wrote (9082)	1/21/1998 2:20:00 PM
From: Jeffrey S. Mitchell	Read Replies (4) \| Respond to of 13949

Headline: Talk Of Compuware Alliance, General Optimism Boosts Alydaar Shares ====================================================== News Alert from Dow Jones Online News via Quote.com Topic: (NASDAQ:ALYD) Alydaar Software Corp. , (NASDAQ:CPWR) Compuware Corp, Quote.com News Item #5137615 ====================================================== NEW YORK - (Dow Jones)- Alydaar Software Corp. shares were higher Wednesday, with an analyst who follows the company saying the advance was in response to optimism over an alliance with Compuware Corp., potential European contracts, and a bearish earnings and revenue outlook. Otto Grote, who follows the company for Derby Securities, said Compuware (CPWR) delivered Tuesday a bullish outlook regarding its partnership with Alydaar, which is working to develop a fix for the so-called Year 2000 problem that could cause computers to go haywire after 1999. In addition, Grote said certain clients of European remediation companies lacking in capacity are now transferring their business to Alydaar. The Charlotte-based company also confirmed that it expects to earn $2 a share on $75 million in revenue for 1998, Grote said. The outlook "gives an idea on which direction the momentum is going," said Grote, who has a "buy" recommendation on the shares. The company posted a loss of $5.1 million in 1996 on $37,500 in revenue. In afternoon trading Wednesday, Alydaar's Nasdaq-listed shares (ALYD) were up $1.375, or 8.3%, at $17.875 on volume of 187,400 shares, surpassing average daily turnover of 155,100. The company's shares started listing on Nasdaq on Dec. 4 after trading on the over-the-counter bulletin board. Cynicism set in over the past two quarters when investors expressed disappointment that revenue wasn't coming in as quickly as anticipated for Year 2000 firms. A major company in the sector, Viasoft Inc. (VIAS), fueled those fears when its chairman and chief executive told a November technology conference that he didn't expect sales to take off until second quarter 1998. He acknowledged that companies have been slow to respond to the Year 2000 roblem, largely because of budget constraints. Analysts, meanwhile, say the market is also concerned about what those companies will do "post-year 2000. Damian Rinaldi of First Albany Corp. last month questioned: "Are (Year 2000 companies) a one-trick pony or do they have more in their bag of tricks to offer?" But Alydaar Chief Executive Robert Gruder recently said the company already has begun to post revenue. It posted $2 million in the third quarter and anticipates $6 million to $8 million for the fourth quarter and $10 million to $18 million in first quarter 1998.

To: Nanda who wrote (9082)	1/21/1998 2:27:00 PM
From: Kathy Riley	Respond to of 13949

Congrats on IMRS! Paul, stick around. Your wisdom and analysis are much appreciated. You have made me consider my moves much more than I would otherwise. Synt volume coming in today. Kathy