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Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?

To: UDanWright who wrote (7248)	8/20/1998 10:24:00 AM
From: Jeffrey S. Mitchell	Read Replies (1) \| Respond to of 10786

As we are finding out, it's really really tough to carry a rally through options expiration day. Not that it's any consolation, but I don't think I've even made a penny on ALYD options. I still own the August 17.5s :=(. We're also not through this whole Monica deal, so if the market gets spooked again, the lesser followed stocks may take another beating. I see this period as an accumulation time for ALYD. Yes, we could see a run in ALYD next week, but I see the really big run happening in September when Wall Street goes back to work and the Europeans come home from holiday and start signing deals. Notice how I carefully avoided saying "when people start talking about Y2K" (gg). Everyone already is talking about it. It's when they start talking about how they need help with Y2K that I expect that to help move the Y2K sector as a whole. Until the current starts flowing in our direction, I see ALYD doing its damnedest to prove to the world it is a technology company at heart and that Y2K is merely the first proof they have the vision it takes to succeed in such an ever-changing environment as high tech. - Jeff