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Technology Stocks : ADSX

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To: James who wrote (84)12/2/1999 11:03:00 AM
From: Boplicity  Read Replies (2) of 1129
 
The Bull Market Report - bull-market.com

We are issuing immediate buy recommendations on two companies. We will
give you a few details now but more later in the Daily Bull Market Report.

Applied Digital Solutions (ADSX) is a full service communications company,
providing a wide range of products and services to the wireless,
telecommunications and digital data industry. For the six months ended in
June, revenues increased 35% to $125 million. Net loss totaled $1.1
million. vs. income of $2.9 million. For the three months ended in
September, the firm did $107 million and earnings were flat.

ADSX was named the fifth fastest-growing technology company in the U.S. in
Deloitte & Touche's prestigious Fast 500 Program. The price has ranged
from $1.62 to $16 this year as it ran up this week to $16 during the day
and is now in the upper $6 level. We understand that the company is
expecting over $500 million in revenue in 2000. We believe them to be an
undiscovered B2B company (Business to business.)

They have a $300 million market cap and thus are trading at a PS ratio
(Price to Sales) of about 1. The company is for SPECULATIVE accounts only.
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