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Technology Stocks : The Application Service Provider (ASP)

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To: G.F. who wrote ()8/12/1999 1:25:00 PM
From: Gogo@SI  Read Replies (2) of 87
 
The ASP stocks are sick. Regarding the highs 4 weeks ago we currently have
FLNK -35%, IFCC -25%, INIT -40%, USIX -50% etc.

To move back we need some really good news, not only "ASP consortium is growing". We need contracts, we need good "growing" results (revenues). (BTW, anybody knows the date for FLNKs 2nd quarter results?) Best would be parallel announcements of several ASPs. The trading volume is drying for all ASPs. It's good, that only few people sell at these prices. On the other hand we get no new investors. I assume, most of the old investors (like us) already own a truck load of FLNK or other ASPs and do not necessarily want to risk more in just one sector.

Patient Gogo, waiting for good news and new investors.
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