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Technology Stocks : ASD Systems, Inc. (ASDS)

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To: Jay Plummer who wrote (197)11/28/1999 6:18:00 PM
From: Bill Lotozo  Read Replies (2) of 491
 
Jay, it isn't accurate to compare ASDS with CMRC, ARBA, etc. When ASDS lands a big client, they most likely will have to hire a lot more people for order fullfillment -- answer phones, process orders, or even new warehouses, etc. These extra workers stay on for the life of the client. The high-flying b2b players sell software and don't need to increase their staffing much if at all. They can support much higher multiples.
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