To: Jeffrey S. Mitchell who wrote (8372 ) 10/15/1998 6:44:00 PM From: im a survivor Respond to of 10786
Jeffrey, Enjoyed your last couple posts and agree on most everything you say. As I have been saying for awhile, there will be no magic date. No blast off on the 15th. No toilet bowl on the 17th ( well, could be...see below...but not probable that qucikly ) and etc, etc... There were alot of very bold statements made....guarantee's of a huge blast off by the 15th....guarantee's of 100% drops in the toilet within a few days and etc, etc......This is exactly why I have said time and again, it is important for people to share info...share viewpoints and etc, but the guarantee's have a negative impact by falsely swaying individuals one way or another. They are unrealistic and have no basis for merit, and should therefor be excluded from posts. As far as ALYD, I am still of course very speculative about this issue, but will stay long until there is more to evaluate. I like what I heard today, but also agree with TED ( YAWN ! ). I didn't expect any enormous announcement that would shoot the stock up or down, and we didn't get one. Personally, I haven't been worried about the $$'s ( earnings/revenue )...I figured that was one of their positive's all along. What I liked most about the news, was Ogilvy. They need to sell themselves and I am glad it looks like they will be putting forth the effort to do so. I am also curious as to how this new deal they put through will effect the numbers. Next, there was no dramatic news today, but there was postive news. Gruder needs to keep the ball rolling. Shareholders are watching closely and expect to see more news, on a more consistent basis. If this does not happen, and if ALYD comes down just a little, it very well could create a panic selloff, It is imperative for ALYD to get past the next resistance level ( $8.55 ) and stay there. I do expect a down day tomorrow for the market, or maybe a sideways day. I haven't had time to check out todays market activity, and we could have another rally, but with the doom and gloom friday thing, maybe some profit taking.....well it'll be an interesting day. If ALYD can hold in a down day, it should be a very positive sign. Regards, King George