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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ)

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To: 10K a day who wrote (460)4/29/2002 6:10:00 PM
From: rrufff  Read Replies (3) of 838
 
Imp,

As I posted to TRUTHIE, if you are arguing that ASKJ was overvalued at $60, then you'll get no argument here. How come you guys can never acknowledge that there are shorts that turn, there are bargains that can be had at the bottom of a crash in a stock.

ASKJ now has corporate clients it never had, is close to being cash flow positive, is worth $55 million and is a takeover candidate.

Notice I never said it was going to be taken over at $60, which is the converse of Truthie's posts. I'm betting it will be 3-5 fairly soon. I'll take the risk/reward here.

Management has a pretty good record if you track it from the point it first hit under a buck, measuring either in "truthfulness" or price performance.
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