Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: JG who wrote (6640)	6/25/1998 12:50:00 AM
From: Jeffrey S. Mitchell	Respond to of 10786

Tech Master got some similar information: Message 5000499 - Jeff

To: JG who wrote (6640)	6/25/1998 11:37:00 AM
From: Jeffrey S. Mitchell	Respond to of 10786

Some comments about some things floating around... 1. British Air Yes, everyone at BA is quite happy with ALYD's performance. I think it safe to say that ALYD is one of, if not the most, respected Y2K vendor in the airline industry. So much so, they've been invited to speak at airline industry events. 2. Average billing in the US vs. abroad is deceptive because domestic jobs are predominantly COBOL whereas overseas work is a combination of other things, such as Natural, PL1, etc. ALYD charges about what is industry standard, IMO. 3. The Compuware agreement is indeed bearing fruit. Problem is, in cases where ALYD is a subcontractor to CPWR, ALYD is very limited in how it can officially announce news-- if the customer allows news to come out at all, which is still a major problem. 4. Yes, according to Media General Services, ALYD is now 28.1% owned by 14 institutions. Although I don't have figures for several months ago, I suspect this is a huge increase. I'd love to see if this is a sector-wide trend as institutions don't hype sectors until after they've accumulated for themselves ;^). Source: mgfs.com 5. ALYD recently went on a road show with Hanifen and the numbers they threw out were 10M for Q2, 15M for Q3, and 25M for Q4. They estimate 55-60M for the year and eps of $1.25-$1.50. However, 70% of this number is based on contracts signed or in the final stages of being signed, so there is much room for improvement when code flow increases. ALYD is quite frank that they expected much more business for everyone by this date. They expect a dramatic increase at some point but are reluctant to factor that into their figures for obvious reasons. 6. As the title of this thread indicates, ALYD also now does audit work. This means they test code that has already been remediated, either in-house or by another vendor. Without going into details, suffice to say they are finding an alarmingly high rate of errors-- errors that would have caused programs to malfunction. Needless to say, such findings have created panic within said organizations, reinforcing my opinion that when Y2K problems do hit, they will be devastating. - Jeff

To: JG who wrote (6640)	6/25/1998 12:28:00 PM
From: ERM	Respond to of 10786

This guy's numbers have been quoted before. Any chance of finding out who he is, who he works for, etc.?