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

To: Paul R who wrote (7301)	8/26/1998 9:33:00 PM
From: Jeffrey S. Mitchell	Read Replies (2) \| Respond to of 10786

Yes, a large short position is not normally a good thing. Shorts are usually among the most intelligent of traders (with a few notable exceptions of people on SI (g)) and I don't take their opinions lightly. However, in ALYD you've got a company that's in a DEAD sector. How many other stocks that increase from negative eps to .00 to .09. to .16 see their stock price sink to a 52 week low? To invest in ALYD you have to believe: 1. Y2K is a big problem 2. Companies will eventually be forced to either outsource or not be Y2K compliant 3. ALYD will be among the top beneficiaries of Y2K outsourcing 4. ALYD has the wherewithal to make the eventual transition to e-commerce by mid 2000 when Y2K work will have peaked If I hadn't followed this company for so long I'd probably be skeptical as well. It's the toughest thing in investing, or anything in life, to stick with something when it seems the odds are against you. I think that's the case with all Y2K stocks, not just ALYD. In fact, Y2K now seems to be synonymous with Chicken Little. What can you do? I just choose to believe it's only a matter of time before a major news program sets the record straight about Y2K. We'll see. ;^) - Jeff