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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium

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To: nick stalin who wrote (31275)11/22/1999 11:22:00 AM
From: Bryan  Read Replies (1) of 108040
 
Anyone see the volume in ADSX? Something is going on here...>>>

I have my doubts about ADSX.
I was in it when it was ACTC right before they launched Intellesale.com. Bought it just below $3 watched it top out around $4 and sold it several months later, after the name change, at $3.25 if I remember correctly. I think I made enough $$$ to take the family out to dinner at Sizzler. What bugged me the most about that damn company is that they just kept acquiring crappy, smaller companies, which just caused them to be spread out too thinly. But since then they have organized their business into several 'structured' divisions. That looks good, but the bottom line is that the company is not profitable, at this time, and is still restructuring. It is probably at a point where stock accumulation is a good idea for a long term hold. But I don't think you will see this one POP anytime soon. I could obviously be 100% wrong though.....and the 38 mil float is not huge, but its a factor. I think I've read that they like to keep issuing shares too, which is not good. Too much dilution going forward will keep a lid on the price of the stock. Just MHO of course. If you like the prospects go for it!

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