SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Information Architects (IARC): E-Commerce & EIP -- Ignore unavailable to you. Want to Upgrade?


To: Chuck Hekman who wrote (8883)11/19/1998 3:04:00 PM
From: im a survivor  Read Replies (1) | Respond to of 10786
 
Still sitting on the sidelines......

I would not be at all surprised to see ALYD do something over the next year. I just felt like...and feel like there are better places to put my money...now and for the next year. If I was filthy rich and had some spare risk capital, I would most probably jump back in, but with the tech sector looking strong, banks coming back strong, internets going crazy and etc, I just feel like I could do better in other venues. One rule of thumb is to always try and invest in something " you understand ". I understand the Y2K problem, but I don't understand the sector/industry and most of all shareholder/investor mentality. John thinks Y2K is a huge problem and Susan thinks it is overblown and no big deal. That seems to be the consensus.....that nobody has any idea how bad Y2K will be and how the world will be effected. Many people think there will be very minimal problems...others feel the world economy is doomed because of Y2K. Essentially, nobody knows anything, and only time will tell what happens. Assuming Y2K is not a big deal, ALYD will suffer. Assuming Y2K causes major problems, I would think the whole economy will be effected, including the stock market(s). People that think if the Y2K problem is bad people will be dumping money into Y2K stocks, may just be in for a big surprise. If the problem is bad and it effects the economy...people will bail on all stocks and look for safehavens. The market as a whole will suffer badly, and I don't see the Y2K sector as a safehaven. Now, we agree the main word here is " speculative ", correct ? Well, on the bright side... I would not be one bit surprised if ALYD takes a nice little jump.... " speculative " stocks do this ya know...based soley on speculation. A little Y2K panic could send this sucker up..it surely is possible, and maybe more then likely, but be careful, because people will bail out as quick as they got in. Long term shareholders that have been sitting on edge, will take their money and run on an upswing. Short termers will be exactly that....riding a little Y2K panic for a quick buck..but being it is so speculative, I don't think they will be there long. So, all in all, I have no idea what this baby will do, and that is the deciding factor in why I am out and will not get back in in the forseeable future. I hope ALYD skyrockets, I will cheer quietly from the sidelines, but I just feel safer in other venues. Since I sold my ALYD at $6.5 or so, the very little AOL I replaced it with has been doing phenomenal, as has Lycos sold at $30, bought back at $25...up to mid sixties in less then 6 weeks....cmb....dell saw a nice rise from $40...hit $70 and I expect it to stay sideways for a little while prior to a run up to $90....Intel, up 30% this past month and etc......Anyway...good luck to you and all ALYD shareholders...if anybody desrves a nice run up, it is the ALYD shareholders that have put their faith and extreme patience in this company. Read the Readers Digest Article...it is quite informative.

KG