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Microcap & Penny Stocks : Tokyo Joe's Cafe / Societe Anonyme -- Ignore unavailable to you. Want to Upgrade?

To: TokyoMex who wrote (5959)	6/28/1998 3:56:00 PM
From: John Mansfield	Respond to of 8798

TM, This might also be the year of the Y2k induced market correction or even stock market crash... I hope and think that the Y2k companies fly before that event though ;-) Regards, John

To: TokyoMex who wrote (5959)	6/28/1998 9:10:00 PM
From: Eski	Read Replies (2) \| Respond to of 8798

From Briefing.Com, Concerning Y2k ""ALYDAAR (ALYD) 12 3/4 +3/8 In yet another confirmation that the conceptual era of Y2K (Year 2000) investing is long over, Alydaar's stock shows no reaction to the press release trumpeting their new contract for code remediation from Advanced Micro Devices (AMD). Such a contract from a sophisticated technology company would have put 25% on the stock immediately last year at this time. But today, investors in Y2K stocks are no longer content with the mere promise of future revenues. The market has run out of people willing to invest in the "coming Y2K disaster" and the associated pile of spending presumed to accompany it. Investors want two things: 1) proof of a tidal wave of coming revenue, and 2) a clear post-year-2000 plan. Alydaar has shown a sharp increase in revenue, (FY96: 38K, FY97: 10MM, Q1FY98, 8MM.) But in September 97, the CEO himself, Robert Gruder, set expectations of $10MM in 97, $50MM in 98, and $100MM in 99. The stock was $24 then. For Alydaar to get back up near there, it is going to have to exceed those projected revenues. But even if ALYD is able to "show us the money," investors are likely to be gun-shy until a solid post-2000 plan is in place. So far, all the company has done is stated an intent to buy a systems integration company. Potential ALYD investors seem to be skipping over ALYD and just buying systems integration companies directly. Companies like Keane, (KEA), Syntel (SYNT), Information Management Resources (IMRS), Mastech (MAST), and others, all players in the Y2K arena, have shown sharp upturns in the past couple of days. Our guess is that rumors of a great Q2 quarter for at least one of these companies has rippled through them all. Eski, hot as h@#$ in Miami,Fla