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Technology Stocks : Y2K (Year 2000) Stocks: An Investment Discussion -- Ignore unavailable to you. Want to Upgrade?


To: Tumbleweed who wrote (13741)2/17/1999 6:32:00 PM
From: Probity  Respond to of 13949
 
OFF TOPIC:
A state-of-the-art company who realizes that there must be life after y2k......

February 17, 1999 14:41

Alydaar Acquires Next Generation Web Server Technology; Virtual Web Sites Provide Real Time Browser View of an Organization's Data
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CHARLOTTE, N.C.--(BUSINESS WIRE)--Feb. 17, 1999--Alydaar Software Corporation (NASDAQ: ALYD) announced today that it has acquired next generation web server technology from Pencom Systems, Inc., a New York based private company. Terms of the deal were not disclosed.

The technology will become the first Virtual Web Server (VWS) available in the market. A Virtual Web Server can provide access to any information across the Internet, extranets and intranets, in real time to all users -- employees, customers, and suppliers. The technology ties the knowledge stored in legacy applications, data warehouses, client/server systems, and enterprise resource planning (ERP) systems and presents the selected information in a browser format across the internet, corporate intranets and extranets.

"This technology permits the concept of Enterprise Information Portals to become a reality. The Virtual Web Server is a powerful solution to live data manipulation in real time across the enterprise via the internet or a corporate extranet or intranet." said Robert Gruder, Alydaar's Chairman and CEO.

"Imagine being able to collaborate on a legal document or contract at several different locations while the Virtual Web Server, on the fly, authenticates each person and permits only certain people to edit and view specific pages or paragraphs. In addition to viewing data in real time, The Virtual Web Server can personalize web pages to each person on the fly. We can "tune" the portal according to a person's security level or access authority," said Gruder

The Virtual Web Server also allows a company to present and use its unstructured data in Web format. Typically, ninety percent of a company's data is unstructured, i.e. data not residing in a database. Examples of unstructured data are: Microsoft's Word documents, email, web documents, purchase orders, research reports, engineering drawings, video, time sheets, claims reports, etc.

Until the introduction of Alydaar's Virtual Web Server (VWS), organizations couldn't present unstructured data in a web format unless they scanned each piece of data and then converting the image to HTML; a costly and timely proposition. Alydaar's Virtual Web Server takes unstructured and structured data and presents them in a HTML or XML format instantly by making the data an object. The end user can then view the data on a web page at any moment in time.

As an example of the speed users can achieve posting documents with the Virtual Web Server, Nizkor, at www.nizkor.org, a Holocaust information Web site, used the Virtual Web Server technology to post two-and-a-half volumes of Nuremberg trials transcripts in one week. (Nizkor officials estimated that manual transcription of the transcripts would have taken them three months, then another three months to convert the transcribed text into HTML.)

The Virtual Web Server is designed for business users who want to provide quick and easy access to data from multiple sources, especially legacy applications. Users can get access to the data regardless of where that data is stored and how it was created--to any desktop computer either across a corporate network or via the Internet. Applications range from publishing to financial services and e-commerce. These include:

-- sites with added security where certain portions of information

may be excluded from the presentation depending on the user's

access privileges;

-- multi-lingual sites where the client's domain name is used to

determine the preferred language for the response;

-- Commerce sites where user profiles (e.g. preferred payment methods, previous orders, interests, preferences, etc.) determine

the most relevant content to present;

-- Internal corporate sites where each employee may have a preferred

user interface to access corporate data and communicate with

colleagues; and

-- Sites which permit lines of business to transact business in real

time, such as a Sales Force Automation applicat ion directly

tying into an Inventory and Finance application to conduct a

multiple business transactions with a single entry.

"Because it enables application developers to divorce raw data from the way it is presented, and provides flexible access to legacy data, I believe the Virtual Web Server is an important step in changing the way we build applications for the Web environment," said Gruder.

The Virtual Web Server is written entirely in Java and is server-independent. The Alydaar Virtual Web Server can be deployed on any platform and, using the Servlet API, can plug into all of the major application servers on the market today, including Oracle (Nasdaq: ORCL), Netscape (Nasdaq: NSCP), Microsoft (Nasdaq: MSFT), Sun (Nasdaq: SUNW) and Apache.

The technology is currently installed at several sites including, The Hearst Corporation, the Israeli Power Company, and United Bank of Switzerland (UBS).

Alydaar Software Corporation will hold a conference call to discuss recent acquisitions and strategic busin ess strategy and directions. The call will be held on Monday, February 22nd at 10:00 AM. To participate on the conference call, please call 800-475-8413. (International callers must dial, 415-228-4643.) The passcode for the call is "Alydaar Software."

Alydaar Software Corporation is a worldwide developer of Enterprise Information Portals. Alydaar provides management consulting, design, development and the deployment of Virtual Information Portal solutions. Additionally, Alydaar assists organizations in transforming their current legacy information systems architecture to support a heterogeneous, scalable, flexible, and ubiquitous internet/intranet architecture. Alydaar also offers Year 2000 services utilizing its SmartCode technology, remediating or auditing most computer languages on most hardware platforms. Alydaar's clients include: 3M (NYSE: MMM), Advanced Micro Devices (NYSE:AMD), DuPont (NYSE: DD), Kelly Services (Nasdaq: KELYA), McDonnell-Douglas (NYSE: BA), Nabisco (NYSE: NA), British Airways (NYSE: BAB), Northern States Power (NYSE: NSP), RJ Reynolds (NYSE: RN), TOTAL (NYSE: TOT), OMG World-wide, and Whirlpool (NYSE: WHR), among others. More information about Alydaar Software Corporation and its services can be found on the World Wide Web at alydaar.com.

CONTACT: Ogilvy Public Relations, New York
Kathryn Lancioni
(212) 880-5329
Kathryn.Lancioni@ny.ogilvypr.com
or
Alydaar Software Corporation, Charlotte
Thomas Dudchik
(704) 365-2324
tdudchik@alydaar.com




To: Tumbleweed who wrote (13741)2/18/1999 9:40:00 AM
From: david sosiak  Read Replies (4) | Respond to of 13949
 
Dear Joe, Sorry, I didn't get a chance to reply to your post about the Y2K sector,I use that term openly,though!!
Basically,to prevent ma & pa investors, and large brokerage houses to
stampede this sector,the street developed various strategies to keep investor's out of this market. Stating, many of these companies were one trick ponies,no after life,post 2000,Gates has the silver bullet solution already,in Window's 98,99 etc,....which is not true, as we all know !!
They also,enlisted the help of our friends at Long Term Capital,who among other things,took huge short positions against the Y2K sector,in an obvious attempt to discourage the stampede there. They took short position's on gold too. Since,these guys crashed and burned,they did impact this sector,somewhat,but this was only short lived.
You see the problem the street has is basically,investor's are waking up to the mega problems that Y2K presents the direct impact it present's to you and me. You'll know when Y2K is over,when you get the bill,that's when. Unfortunately,some will pay more than other's which really does scare me!!
Now, the large brokerage houses are seeing the impact of Y2K on blue chip investments. They can no longer keep their dirty little secrets,tucked away. The SEC is using a sledge hammer to get companies to provide specific Y2K reporting, as you can see by their above Web. page.
These same firms are not compliant and have a legal responsibility to tell their investor's what's really going on or face class action lawsuits,like we have never seen before.
So as a risk adverse investor,what do you do? Do you stay invested in Fortune 10,000 companies with continued dwindling no growth quarter's,who are lying about their Y2K risk/liability/exposure etc..
because this set's them up as obvious shorts,or,do you invest in Y2K companies,with unlimited upside potential,who are solution provider's to these very same Fortune 10,000 companies,paying huge sums of money for their service. Probably, the best one out there now is Tava but I won't prattle on about it,you can due your own DD.
During the ensuing Y2K crises,investor's want to be close to their investments and asset's.They will only,invest in sure things,with little or no risk. Good y2K companies present that opportunity.
This sector will surpass the hype and height of Internut Mania,which too was driven by the ma & pa investor!!

Regards,
Dave