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Technology Stocks : ASD Systems, Inc. (ASDS)

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To: $Mogul who wrote (277)12/2/1999 2:43:00 PM
From: Schmedley   of 491
 
$Mogul, your projections are right in line with mine. If we can see enough volume in here (and I think we have) expect a fast break as we cross back above 24 then on to challenge old highs at first market rally beyond Dec 6 (end of "quite period").

Based on evaluation of other Hi Volume vs. Float quality stocks, I expect resistance in mid 40's as we wait for post holiday (Sears,HoneyBaked,ToysRus) results, then plowing above 80 on 4th quarter results.

In short: We're still in keeping with the high flyer,Momentum profile.

Not Worried in the least,

Schmedley
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