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Technology Stocks : ASD Systems, Inc. (ASDS)
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To: Bill Lotozo who wrote (327)12/15/1999 7:40:00 PM
From: Schmedley  Read Replies (1) of 491
 
Bill Lotozo, - Looks like the apology is mine this time. (on two counts)

1) Even though I disagree with you about the quality and prospects for this company (hence I'm still long), I certainly would have fared better had I employed your attitude and sold. I would be buying back my short position in here near the magical 50% retracement level instead of licking my wounds. You were right.

2) I criticized your #1 pick, WCII as a company with a billion in debt and a portion of spectrum no one seems to want. Well all that changed today. It appears that Microsoft is willing to bet a days wages ($900 million) that this company IS worth owning. -the stock popped 20 points before giving back 10.

You were right.

And I was wrong.

So what's your take on ASDS at 17?

Still holding.......and waiting.......patiently.
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