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To: JDN who wrote (7035)	7/30/1998 9:02:00 PM
From: Paul R	Respond to of 10786

Unfortunately, the stock could continue to act "poorly" until some definitive action is taken by the company in regards to their "future" plans subsequent to the "completion" of their Y2K work.

To: JDN who wrote (7035)	7/31/1998 10:07:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 10786

Re: ALYD short interest breaks a million Current short interest is 1,009,094, a 19.5% increase over last month... but, because there's more liquidity in the stock, the days to cover ratio has actually gone down from 6.54 to 3.70. Regardless, it means ALYD is on everyone's radar screen. Comments have been made about why ALYD went down on earnings while DDIM went up. We all know that briefing.com literally makes up reasons to explain things rather than do any cursory investigating. When was the last time they ever cited a source for their "research" conclusions? OK, here's my explanation. What do ALYD and DDIM have in common? They are, for better or worse, among the most actively followed -- and shorted -- Y2K stocks. DDIM has close to 2M shares short and a cover ratio of 5.62. The price action was in direct result to the trading range of each stock. ALYD now trades in the 13-17 range and DDIM from around 12-16. Shorts let ALYD go up 1 3/8 to 16 3/8 before jumping back in when the volume tailed off late morning, whereas DDIM was already near its low and had consistent volume going all day so they stayed away. Let's see what happens today with DDIM. I very much doubt it trades out of its normal range. For briefing.com to be "right", i.e. the street was so enamored by their post Y2K plans, DDIM would obviously continue to surge as shorts cover and longs pile in. Sorry, ain't gonna happen. - Jeff