I have heard many myths about Alembics over the years. Below are a few of the most memorable:
 
1.   Too bad they went out of business
2.   I thought about buying one back when they made them by hand  
3.   My father has one from when each was hand-made
4.   Their basses sound like guitars
5.   Basses sound like synths
6.   They are difficult to record
7.   They weigh a ton  
8.   Wish they made guitars
 
Any of these sound familiar?
 
Vann-Di

If you think that Alembic has myths, you should check out Olympic.

I think you are thinking of the Olympic brand!

Myths are based on people who don't know the facts and the best one I heard when I told someone I had one was
'Didn't they just copy JD basses?'
I had a wry smile with that one!

9. They may know how to make guitar pickups, but not bass pickups.
 
yes i actually heard that one from someone who ripped out series electronics in a bass and put in Dimarzios if memory serves me correct.

OH NOO!___   Awful _______!!!!!