To: Rick Voteau who wrote (2545 ) 2/22/1998 11:45:00 PM From: Robert K. Sims Read Replies (1) | Respond to of 3391
Rick, I'm keeping a careful eye on this stock. I personally believe that ALYD is a long term home run, but I can't discount the facts associated with CSGI. It looks to me like CSGI is experiencing some of the same problem ALYD has in the past. 1) If one says a company is going to be on the NASDAQ in two weeks it is not necessarily the company's fault if it doesn't happen immediately. And it darn sure doesn't mean the stock will fly. It will correct to the market just as ALYD did. When I first bought ALYD in 02/96 they were going to be listed in Q2/97 and then Q3/97 and then Q4/97 and then Q1/98, well most people here know the story. Finally 12/02/97 it happened. People accused they management of being crooks, liars, that the company was a scam, and all sorts of things. I personally didn't like it either. That was the facts though. Like it or not. 2) CSGI has apparently been pretty successful in good pilot programs. The recent release from Motorola was impressive. I just posted about ALYD and I believe the same about CSGI, "the year 2000 clock is ticking on these multi-billion dollar companies and if they didn't think the company they were dealing with had something to offer they wouldn't waste their time because the deadline doesn't allow it." 3) Lots of people here made a fuss about the one error in 500,000 lines of code and that didn't sound bad considering that ALYD states that theirs has, I think, about 3 per million. 4) If the burn rate could remain any thing close to the numbers that Tech post then the GPM should be much higher and there should be a lot better ROI. 5) Last of all, I did buy several thousand shares of CSGI one time and it dropped to much too fast and I bailed out, but that was a while back. I just might get back in but it will have to be when the stock starts moving with some substances behind it. I will not allow my money to lay for such a long time as I did in ALYD. To many opportunities passed while waiting. It's a waiting game and if Tech is right, which he just might be, then I'll jump in when the time is right. I don't know why these to stocks are always in the middle of a dispute, but like I said earlier, those who bought ALYD @ $30.+ don't like it and those who bought CSGI @ $12.+ don't like it. At least, not for the time being. Maybe they will both be home runs. To me its all just wait and see. Good luck with your investments, -Robert