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Politics : Idea Of The Day -- Ignore unavailable to you. Want to Upgrade?

To: steve susko who wrote (17412)	3/14/1998 10:26:00 AM
From: SE	Read Replies (1) \| Respond to of 50167

Steve, Right now I am long ALYD, it looks ready to run...but last time it looked ready, it went back to $14, so who knows. It is a sector that I think bears looking into as whether the fear mongering is true or not, it appears to be working. We have a client here that is so freaked out about their Y2K problem that they are willing to start outsourcing tasks such as payroll etc, just to satisfy themselves that these essential functions are not going to blow up in their faces. It is a sad commentary that such a fear exists and I will do what I can to make sure they don't do something financially stupid based on the fear, but the point is here in this small town I live in Y2K is coming home to roost! Just think about the dollars that will be spent and ALYD seems to have good world-wide contacts and many blue chip contracts lined up. Gruder gets a bit overzealous at times with his projections, like they would turn a profit 3rd quarter last year, but it does appear that the 4th quarter will be profitable or break even and then this year on line for $75 million in revenue and an estimated $2 per share bottom line. Take the Gruder factor out and divide both by 2 and you still have an $18 Y2K stock earning $1 this year with 25% sequential revenue growth, quarter to quarter and many worldwide alliances and blue chip contracts. Not a bad deal. A great deal if the $75 million and $2 per share turns out to be accurate. -Scott