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To: RODNEY R. BORDELON who wrote (4568)2/20/1998 11:49:00 AM
From: Jeffrey S. Mitchell  Respond to of 10786
 
Truth, several of us were speculating that the 100,000 share block that went by several weeks ago was from an insider. While an institution buying that many shares might have driven the price up, an insider selling that many shares would have driven the price down probably even further. But the net effect of that trade was 0 on the stock price and for that we should all be thankful. We all know that Bob, like many other Y2K principals, is going to continue to sell no matter what the stock price because, hey, he wants to get rich just like us.

You hit the nail on the head about the secondary. If there were more shares out there and it were easier for institutions to buy and sell large blocks, then that would be good for the company. IMRS did that, took a big hit, and then raced to new highs. In doing so, ALYD would have a major institution behind them to issue "strong buys" on them, while bringing in new buyers. That's the way the game is played. You scratch their back and they recommend you to their clients (gg).

- Jeff



To: RODNEY R. BORDELON who wrote (4568)2/20/1998 11:58:00 AM
From: Tech Master  Respond to of 10786
 
Truth-

I couldn't agree with you more. The one missing piece of the puzzle for ALYD is institutional support. A secondary offering would solve several problems which the company currently faces such as high profile analyst coverage, share price support (which will minimize volatility), as well as needed capital to facilitate the acquisition strategies the company is interested in doing.

Bob Gruder and his employees have done a fantastic job over the last few years in taking an unknown company with great technologies to the forefront of the Year 2000 and software reengineering industry.

Was his sale of stock untimely? Yes. Is it a big deal? No. Has Gruder and ALYD made mistakes? Yes. Have they learned from them? Yes.

I'm in this for the long haul.... If the company keeps landing the big projects and clients that it has over the last 9 months, this company is going to be a big time winner!

Any near term hiccups that the stock faces will be met with buying support from shareholders such as myself. I look forward to future institutional support for the company and its shareholders. FWIW, I hear that the company is being courted by some outstanding institutions.

My opinions and thanks for the feedback,

Tech Master

P.S. no blood, no foul... I guessed that you understood 144 regulations <ggg> Thanks for clarifying it for all to understand...