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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?

To: Josef Svejk who wrote (12230)	7/6/1998 12:02:00 PM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 13949

ALYD up 15% today on heavy volume on article of 2Q analyst estimates of .16, which would be a 60% increase from Q1. FYI, I'm predicting .15 and $10M revenues, up from $8.4M. To be realistic, six months ago I would have said $10M in revenues is pretty pathetic given all the lofty cost estimates to fix Y2K. However, if ALYD can be judged as an emerging IT company with an innovative artificial intelligence based technology in SmartCode -- and that's a big if -- then those numbers are quite good. Everyone should also know that ALYD has over 1M in short interest. Yes, this could create quite a pop under the right circumstances, but as the climate for Y2K is not what is once was, shorts could just as well drag it back down. On the other hand, if some of the Y2K body shop money comes ALYD's way, then who knows. - Jeff