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Technology Stocks : ASD Systems, Inc. (ASDS)
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To: Mary Baker who wrote (388)12/17/1999 12:01:00 AM
From: Matt Brown   of 491
 
ASDS and PPRO DESCRIPTION:
ASD Systems, Inc. provides proprietary software and comprehensive service solutions to internet retailers and direct marketing companies that enables the outsourcing of their order management and fulfillment operations.

PurchasePro.com, Inc. is a provider of Internet business-to-business electronic commerce services, comprised of public and private e-marketplaces where businesses can buy and sell a range of products and services.

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ASDS and PPRO FINANCIALS (as reported in YAHOO):

REVENUES:
ASDS
For the nine months ended 9/30/99, revenues increased 59% to $7.9 million.

PPRO
For the nine months ended 9/30/99, total revenues totalled $3.3 million, up from $1 million.

NET LOSSES:
ASDS
Net loss increased from $2.4 million to $5.9 million. Revenues reflect an increase in the number of clients from five to 8.

PPRO:
Net loss applicable to Common totalled $24.1 million, up from $5.2 million.

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IN SUMMARY:

ASDS and PPRO are in similar sector....not exact...but similar.

ASDS has HIGHER revenues thru first 9 months of 1999 than PPRO - 7.9 million for ASDS and $3.3 million for PPRO

PPRO lost MORE money than ASDS thru first 9 months of 1999 - $5.9 million for ASDS and $24.1 million for PPRO.

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CURRENT STOCK PRICE:
PPRO is $227 3/4 (without the recent split adjustment)
ASDS is $14 7/8

Where do you think ASDS is headed????? To me it's a no-brainer!!

Cougar
ragingbull.com
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