ASD Systems, Inc. (ASDS) Message Board

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Technology Stocks : ASD Systems, Inc. (ASDS)

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To: George Leeper who wrote (319)	12/7/1999 7:47:00 PM
From: Bill Lotozo	Read Replies (2) of 491

I bought in at 8 3/4 and started selling off at 24 and finished today at 19 1/2. I think this might drift down to 12 - 14 and then work its way back up. I don't see this as a great play until mid way next year. If they had any big retail customer announcements, I figure they would have made the announcement by now. Since 50% of retail sales of most consumer goods are made during the Christmas season, and this being December, do you really expect a bib announcement this year? I wish I had sold at 28 but I got blinded by greed. This stock has acted exactly like LIOX. Big following on chat boards with many novice investors, a huge runnup prior to end of QP with a peak a couple of days before qp end. Then drift down. This stock will not have the multiple of crmc, bvsn or arba. They sell a very labor intensive service (so does liox) and the small investors have bought in based on hope & hype not based on cold calculated reason. If I am right, I'll buy back in January at 10. If you are right, I'm happy with 140% profit. I never give up more than 50% of my profits on something like this.

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