ASD Systems, Inc. (ASDS) Message Board

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Technology Stocks : ASD Systems, Inc. (ASDS)

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To: Sam Nizam who wrote (45)	11/16/1999 3:41:00 AM
From: Schmedley	Read Replies (1) of 491

Sam Your right, six people in marketing. I think some of the others got a little confused out there. The company has over 450 employees according to the IPO profile that I read. And, as a good portion of their business model involves the drop shipment of Toys R Us and Sears products - its a real good thing they do. On another note, as others on this thread have already noticed, this company has a striking resemblance to CMRC (which hit 311 a few days ago) Let's compare a few stats: ASDS has higher year over year revenue than CMRC, less debt and fewer shares outstanding than CMRC (less dilution) . My suggestion: spread the two 10:1 ; short 100 shares of CMRC for every 1000 shares long of ASDS. It is also of no small importance that over 8 million shares traded hands today knowing that the company's float is only 5 million. Looking at the historical behavior of internet stock legends such as Yahoo, Amazon, AOL and the like (with regard to daily volume exceeding the float) I anticipate a 40-50 price at minimum within the next 30 days (barring an all out market correction). Eventually, parity with CMRC.

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