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Microcap & Penny Stocks : ALYA Cost cutting system via software as well as security -- Ignore unavailable to you. Want to Upgrade?

To: Glen Abbey who wrote (1382)	7/23/1998 10:20:00 AM
From: TLWatson59	Respond to of 2534

G.A.: Some have a tendency to err because of a slip of the tongue. In my case it was a slip of the finger. You are 1000% correct that it was 504 stock. That however is where your correctness ceases. THIS COMPANY AS OF TODAY IS INSOLVENT. As per their one and only almost 9 month old audited financial statement as well as their 6 month unaudited statement. I am certain you have neither read or analyzed either. Do they have a product? Absolutely Does the product work? Absolutely Have they made commercial sales of the product and established distributorships? Absolutely Do any of the distributors I have spoken to believe that ALYA has a two year lead on the existing or prospective technology developments? No. Is the software application supplied by ALYA highly sophisticated and really that difficult to duplicate or replace? Not really. Is the product recognized by anyone other then themselves as "the technology leader" in LonWorks Security Applications? Not according to at least two of the distributors I have contacted. If that is so why would a distributor sign a market agreement with ALYA? According to the information I was given it is simply a matter of being able to present a currently needed application with little or no risk and be in a position to capitalize on having a head start in this area and a demonstrable working model at a very advantageous cost, until an actual industry standard is proclaimed by Echelon. Then and only then will ALYA be able to substantiate their claim of technology leadership. This of course is provided that an undercapitalized start-up business will be able to compete against the leading forces in "building security enterprise" once an Industry Standard has been determined and accepted. Until you can demonstrate that the the balance sheets show other than what I and the Price Waterhouse auditors have determined to be an INSOLVENT business can stuff your comments about how wrong you think I have been proven to be. To paraphrase that icon, Mr. Gump, "Stupid is as Stupid says." If anyone is looking for classic examples of people in a state of denial they need go no further than you and many of the longs on this board. I was drawn to this stock by a posting on another thread. Based on the inference in that post I was looking for reasons to invest if the facts presented were borne out. My DD led me to a completely opposite conclusion of that poster and on or about June 9, 1998 I reported here what my conclusions were. The stock was then trading at approximately $1.39. Yesterday it was trading as low as $0.625. In the interim from the June date to yesterday the stock lost some 55% of its market value. This in the face of a number of positive written PR news releases, paid financial advertisements in financial news media, the admitted hype mailing to at least 160 individuals and who knows how many unreported other attempts to garner market support. The volume of trading has been sufficient to cover the admitted number of outstanding shares more than once, since June 9. In fact since the original run up from the penny stage in April to $1.69 the stock has rolled over more than 4 times its stated outstanding shares. But you continue to run off at the mouth and parrot the "party" line as you watch the insiders cash in their chips and deny it's happening. You really have to believe that the professional traders and market makers are far more stupid than you are and they prove it by walking into the lion's den and shorting the stock price down to where it is. Dream On!

To: Glen Abbey who wrote (1382)	7/23/1998 11:30:00 AM
From: Glen Abbey	Read Replies (2) \| Respond to of 2534

The fact is that his attacks based upon accounting principles were proven false and now his attack based upon SEC regulations has been proven false. I believe in this company over the long term. He wants to convince the weaker hands that those of us who do believe are stupid. Fine, I have been wrong before. But if his attempts to save us are honorable, why would he have to resort to posting innuendo based upon deliberately wrong information? His statements always go for the jugular. Why? The stock is down and we are hurting. But this is a company with a future. Being down by pennies is easy to swallow when you believe the upside is dollars. Do your own homework and ignore him. Proven snakes require caution. PS check his latest postings... looks like he has other bashing assignments now.