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To: stox19 who wrote (6759)7/7/1998 10:12:00 AM
From: Jeffrey S. Mitchell  Read Replies (1) | Respond to of 10786
 
Just got off the phone with a broker who's been following ALYD for years. He said most shorts are in under 14 and, considering what's been happening in another hot sector, internet stocks, are probably getting really nervous about now. The problem is that a majority of longs are the buy and hold type with this stock and aren't selling. That means buying momentum could cause ALYD to pop to 18 as early as this afternoon -- IF 15 is held. Heck, there may be institutions out there buying just for a short squeeze for all we know.

Could ALYD's strong earnings projection be enough to reignite Y2K and keep the stock going up? Who knows. Should be interesting to see how other Y2K stocks react.

- Jeff