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Technology Stocks : ASD Systems, Inc. (ASDS)

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To: $Mogul who wrote (322)12/7/1999 9:32:00 PM
From: Bill Lotozo  Read Replies (1) of 491
 
1) ASDS hasn't show any great revenue growth. 2) ASDS hopes to catch the coattails of the b2b software companies and only in your wildest dreams would you categorize them as a b2b software company. They sell a service backed by some software and a lot of bodies.

If they were a real b2b company, the estimates would be a lot higher than $32.00 The insistence of comparing ASDS to cmrc, ppro, arba etc makes me sad for all those who really believe it. They sell a low margin manually intensive service to make it easy for companies enter the online world. Compare margins. Something very necessary with good growth potential but not worth anything near 5 billion unless it is hyped to that level.

So, even thought they are in different business, liox & asds do compare. 1) companies helping to supply infastructure to the internet, 2) low margin, labor intensive, 3) hundreds of posts per day leading up to the qp, 4) predominantly inexperienced investors, 5) dreams of great wealth without a basis in what the product can produce.
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