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

To: JDN who wrote (8764)	11/3/1998 3:19:00 PM
From: im a survivor	Read Replies (2) \| Respond to of 10786

Hmm, spoke with a buddy of mine that I told about ALYD quite awhile back. He originally bought at $13, and sold at $17. Started buying again at $12, and has been accumulating regularly. I do not know how many shares he currently has, but it is quite a bit....maybe in the 20,000 range...could be more. This person is fairly " in tune ", and seems to do excellent homework. He told me today " after visiting with the company I have decided to reduce my position ". I pushed him to tell me why, and all he would say is he is unloading 85% of his holdings in the near future. I asked if he was planning on getting back in at lower levels and he responded " why drill for oil where you know you won't find any ". I don't expect anybody to give a hoot about this, but he know's something.....I can tell........anyway, expect alot of shares to get dumped soon. Me personally, I thought I may get back in if we hit $3, but this baby scares me too much.....weird Co., engaging in a weird business, with untrustworthy people running the show. A new rumor every week...nothing ever substantiated.....too much heresay for me. good luck to all