ASD Systems, Inc. (ASDS) Message Board

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Technology Stocks : ASD Systems, Inc. (ASDS)

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To: $Mogul who wrote (309)	12/6/1999 2:58:00 PM
From: $Mogul	of 491

We all know what accumulate means...it means they are still buying and that they can easily up their targerts....I continue to add on dips. Stephens Inc. Initiates ASD Systems At Buy, Sets $35 Target (ASDS) Jump to first matched term (NewsTraders.com)-- ASD Systems Inc. (ASDS) was granted a "buy" recommendation in Stephens Inc. analyst Timothy Quillin's initial take on the software maker. Quillin set the stock's price target at $35 and projects the company will post per-share losses of $0.99 and $0.74 in 1999 and 2000, respectively, only to move into the black in 2001 with EPS of $0.15. The analyst believes that ASD offers a "compelling" one-stop shop e-fulfillment solution, and noted that the real upside to the company's revenue growth may come with the introduction of its next-generation software suite, which should begin beta-testing in the second quarter of 2000. In story earlier this afternoon, NewsTraders reported that Friedman Billings analyst Richard Leggett started coverage on ASD with an "accumulate" rating and a price-target range of $28 to $34. Shares of ASD, based in Garland, Texas, sank $3.47 to $20.75 in recent trading. Copyright 1999 NewsTraders Inc. All Rights Reserved 14:21 Monday, December 06, 1999

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