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Technology Stocks : Stock Swap -- Ignore unavailable to you. Want to Upgrade?

To: Andrew Vance who wrote (15514)	9/23/1998 9:01:00 PM
From: Tech Master	Read Replies (2) \| Respond to of 17305

AV- As somebody that does follow Y2K closely, I can assure you that the problem is real. How it has played out in the market is something quite different. We are all entitled to our opinion, but I humbly disagree about the severity of the problem. A mere inconvenience? Hardly. Global recession? Likely. Watching investments get cut in half truly sucks... but ALYD hasn't been alone in 50% tanking category. I wish I had a dollar for every dollar I lost on ALYD to date <ggg>...All of the major sellers that tanked ALYD's stock are out of the way. I can assure you of this finally <ggg> and feel confident of my answer. All of the Europeans came out of the stock at the same time along with Gardner Lewis, so it was an unfair fight for the longs to try and win. The company is going to be lifting the veil on its post Y2K plans shortly. Highlights from the company's 9/17 press release: Gruder continued, ''The marketplace perceives Alydaar as a Year 2000 company. The management teams, as well as all of the employees of Alydaar, certainly do not view the company this way. Alydaar is implementing its post two thousand strategy internally. The strategy includes internet development, supply chain procurement, and legacy to client server transformations. Alydaar anticipates making these plans more definitive by October 15, 1998.'' We are getting ready to witness the powers in Washington make Y2K a political issue before the elections. The Federal Government's systems will start to bug out on Oct.1 when they enter Fiscal Year 99. I believe that as the global community watches Washington battle over Y2K, we will see international efforts to resolve the problem accelerate quickly. All this doen't mean a hill of beans unless we can make a buck, right? A little dollar cost averaging will go a long way with your investment. I also believe that the market hysteria we once saw in Y2K will return. I hear that 3rd quarter numbers will be strong and all of us are waiting for the unveiling of the new ALYD soon. This diversification has been home grown so there isn't any dilution or debt involved here. These concerns were part of the reason for the dramatic sell off in the stock. There should be strong institutional support for ALYD after the unveiling... something that has been sorely lacking since day one. My credibility has been tarnished because my support for ALYD on this thread. I felt obligated to pop over and post a detailed summary of recent events for the remaining shareholders. The stock has shown some real life over the last few sessions and I hope that we will see the day that you will get your break even exit point.... I sincerely hope that you actually make a profit. You deserve it... we all do. Nice call on LOR. I really like the company and I am going to add it on weakness. Its a great long term stock. Best of luck with all of your investments. Regards, Tech Master