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To: Trader X who wrote (12721)	3/11/1998 4:31:00 PM
From: V.	Read Replies (3) \| Respond to of 17305

ALYD Kev & All, ALYD will need to break and hold above 16 1/2 - 16 7/8 on reasonable volume in order to effect a further run shorter term. The volume today to the upside was nice, but the volume yesterday to the downside was equivalent. (Both >300K.) What does that tell you? Funds are moving it for a few quick points is what it tells me. Let's check this out on the intradays... Furthermore, why doesn't anyone seem concerned with the general market conditions with reference to the stock's movements? Would you have expected it to tank yesterday? Probably. What about today? New highs...I doubt it. It just happened to be downcycling on a bad day, causing its weakness, and poised to turn on the technical bounce today - since the market was favorable - it held its support. I would not be buying this unless it holds above that upper 16 - 17ish level for a bit. Otherwise, it will just continue to cycle here in the midteens. I'm not speaking on earnings, fundies, PRs...simply reading the chart. Just my 2 cents, FWIW. xoxo, V.