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Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?

To: RODNEY R. BORDELON who wrote (6101)	5/5/1998 7:15:00 PM
From: sibe	Read Replies (1) \| Respond to of 10786

Or do you mean that if you purchased May option to exercise, you will probably lose money? --Truth The above is what I meant. There are some 3,000 open options orders for May calls. I believe most of them were purchased when Alydaar was above its current price. I don't expect any real price movement before expiration on May 15. It's unlikely that the actual Q1 release will contain any significant new information. It may offer some information on the direction the company will take. The shareholders meeting will provide more news as well. But since Gruder and the board and insiders own so much, it is unlikely that the meeting will be more than a rubber stamp for Gruder's intention to offer more shares for the employees and the acquisitions. In fact, I don't see any real movement till the Q2 numbers are released. And as for what those numbers will be, let's just say it's too risky for me to buy August calls.