playing a vital role in helping BioLabs identify financial & market strategies, according to McCartney.

There are about 8.1 million shares of BioLabs common stock outstanding, with a float of around 1.2 million. BioLabs is at 1A-3033 King George Hwy, Surrey, B.C., Canada V4P 1B8 or One Old Country Rd., Suite 113, Carle Place, NY 11514. Call E. Greg McCartney, CEO at 604-542-0820, or fax 604-542-0821. www.biolabs.com.

[Editor's Note: Tony Velocci is a senior editor at McGraw Hill. He writes for numerous business, financial, & general interest publications, including Fortune, Institutional Investor, Nation's Business, & The Robb Report. He is a recognized authority on the aerospace & air transport industries.]

Sneak Previews

I pick these special situations from those presented to me each month by my network of brokers, market makers, PR companies, investment bankers, venture capitalists, & key people in various industries. My primary criterion is my opinion of the stock's potential to double or better in the next six to 12 months.

Once a Sneak, a company becomes a candidate for the "Situation of the Month" coverage in a future issue. Our decision concerning which to cover in a more detailed way is based on what we find in continuing investigation. I may give special attention to a Sneak I did a year ago, or one from the last issue; do not attach significance to timing.

I will, however, do updates on those Sneaks I continue to follow, either in the "Update Briefs" section of the newsletter, in e-mail updates (send me your e-mail address & I'll include you -- send to me at Larry@WallStreetCorner.com), or in "Larry Oakley's Opinion," "Larry Oakley's Daily Comment," or "Larry Oakley's Weekly Stock Pick" sections of WallStreetCorner.

While Sneaks are preliminary recommendations, do not use them for investment decisions unless you decide on the basis of facts you uncover in your own investigation. Use our "Financial Navigator" to get more information on any stock. Keep in mind that the codes listed after each Sneak are preliminary, reflecting my first impression. They are subject to change based on further investigation.

Codes: At the end of each Sneak Preview & Update, there are three codes. They have a rating from 1 to 10. Those numbers reflect my personal opinion. Please -- do not take action based on my opinion alone. Do four things before taking action: (1) Read my original writeup to get an overall feel; (2) Get the latest 10-Q, 10-K, corporate profile, & news releases; you can access them at www.WallStreetCorner.com by using "Financial Navigator;" (3) Study them; & (4) Call a key member of management to get a final impression. If anything bothers you regarding that call, pass. There are lots of situations. Do not invest unless everything about a situation feels good to you.

"R" stands for "Risk Rating." A "1" means I view the situation as having an extreme amount of risk. A "10" means very low risk -- a much sounder, more financially stable situation. You'll see hardly any with a "1" or "10" rating. I chose "10" to mean lowest risk so the higher the number after each of the three codes, the more favorable the rating.

"M" stands for "Midterm Appreciation Potential." A "1" means I view the situation as having a small degree of midterm ("mid-term" is six to 12 months) potential. A "10" means really outstanding midterm potential.

"L" stands for "Long-term Appreciation Potential." A "1" means I view the situation as having a small degree of long-term ("long-term" is over one year) potential. A "10" means really outstanding long-term potential.

ALYA International, Inc. (Pink Sheets/ALYA) develops software & hardware for intelligent building control & security systems. It completed its response to questions from the SEC re its SB-1 filing & registration, one of the steps preparatory to meeting the requirements to be listed on the NASDAQ Small Cap market. Getting on NASDAQ is subject to bureaucratic delay, so it may take awhile, but I like to alert you to opportunities at as early a time as possible. The stock is trading at about 1/4, so if you have patience, this may be a good time to check this one out. It has offices in Austin, TX; San Francisco; Antwerp, Belgium; Beijing, China; & is based in Vancouver.

This past year, it introduced its O.P.E.N. centrixTM system (Open Platform for Essential Networks), a tamper-proof high-end security system that provides the ability to interface to lighting, heating, & air conditioning systems, to provide truly intelligent buildings.

ALYA has such clients as U.S. Federal Protection Services, U.S. General Services Administration, Bank of Norway, Insurance Corp. of British Columbia, & Motorola. ALYA received a letter of intent from Motorola's Worldwide Smart Card Solutions Division to install a security system into Motorola's entire 21 building headquarters in Chicago, & its new facility in Zurich. It has already installed a system into the first of these buildings, including the one in Switzerland. It also has an OEM agreement with Control Systems International, a building automation leader, & received an order to supply its Advanced Security Management System to the U.S. EPA.

Its marketing agreement with Raytheon's Fiber Optic Division involves a system for the Puerto Rico Telephone Co. The system will rely on a fiber optic-based distributed sensing system as part of a 300-building network deployed throughout Puerto Rico. It will provide Smart Card access control & security for more than 11,000 employees.

Call Dale Paruk @ 888-595-6444 or fax 604-662-4547. The company is at 888-528-9982 or fax 604-528-9983, e-mail stock@alya.com, but Dale is easier to reach. www.alya.com [R-6; M-7; L-8]

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