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To: Jeffrey S. Mitchell who wrote (6752)	7/7/1998 1:50:00 AM
From: T-MAN	Read Replies (1) \| Respond to of 10786

Now Jeffrey.... Where do you assume these "lofty" $.22 per share numbers came from ? I heard that number a month ago and rumor had it that it was coming from "internal projections." The move today and the move in the short term will be 100% based on short covering. Much as the case was with KEA, MAST, and CBR. The shorts had fun in Apr. and May. and now they are being lead to slaughter on these stocks one after the other. these "lofty" projections have been on this thread for months. I remember a while back you boys were talking about $2.00 eps in 1998 and 75 million in revenue. (If you remember I was the only voice of reason at that time: hint) Although I am long on ALYD now at $12.50 with a short term price target of $16 to $18, conk.com I will tell you that, once again, these stocks should be traded and not held. You have filled up you IRA full of ALYD for over a year now and are only near break-even. I think you would have to agree now that wasn't such a wonderful move. In the short term I think that a price of $18.00 is very possible and we could see 4 to 5 days of solid short covering with volume in excess of 400K. The key was the $14.25 line and now I think we should start to move towards the next resistance level. Currently, I see the next resistance at the 100 day mov. avg. at $15 19/32 We should be able to move above this line pretty quickly. From there we need to break $17.00, failure to do so would be a sell signal.