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Technology Stocks : ASD Systems, Inc. (ASDS)

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To: SE who wrote (278)12/2/1999 2:42:00 PM
From: Peter Blanchard   of 491
 
SE , your right. All this did was scare some of the people who bought a week and a half ago for between 10-18 to take quick profits. How sorry they will be. And the MM's dropping the bid/ask to 19 to start the day, that would scare even the most hardened of traders. But that's what they want, we've heard it over and over but this is truly shaking the weak holders out. Patience will reward us big here. The press release gave people nothing to sell on, and your right who knows, maybe the COO goes to work for some big company and throws a lot of business ASDS's way.

This is what us TC200ers call a Big Dog Bounce, we rise fast and some people take profit and we pull back, then a lot of people realize the value and buy more in the low to mid 20's. Then the next rise up will take us to the 50's before people might lock in profits. The second bounce will be to a higher high.

Good luck all
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