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Technology Stocks : ADSP - Ariel

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To: Anthony@Pacific who wrote ()2/7/2002 8:00:52 PM
From: Bilow  Read Replies (1) of 2263
 
Hi A@P; What?! ADSP at $0.01?

quotes.nasdaq.com

How could that be, I sold it for better than $22 a couple Thanksgivings ago... It was my first over night double, and if I'd held a few hours longer it would have been a 4-bagger: #reply-12109236

But I never had any doubt that it was a POS. "Do I think that ADSP is a great bargain at nearly $50 per share? No! My feelings for the long term future of this company's revenue and earnings has nothing to do with the retail hysteria and short squeezing that I suspected would happen. ... As far as the true value of the company, it is doubtless much, much less than the current price. " #reply-12110340

-- Carl

P.S. Frankly, I'm glad that the bubble is over and the market is being slowly returned to real values.
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