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Technology Stocks : ASD Systems, Inc. (ASDS) -- Ignore unavailable to you. Want to Upgrade?

To: gial who wrote (27)11/15/1999 12:08:00 PM
From: $Mogul  Respond to of 491
 
Yes, agree that is why I am pounding the table.



To: gial who wrote (27)11/15/1999 12:20:00 PM
From: Peter Blanchard  Read Replies (1) | Respond to of 491
 
Then just a quick comparison to CMRC:

CMRC Market Cap 7.38Billion

ASDS shares outstanding per Hoovers: 17.5 million

ASDS market cap = 192 million (17.5 mil * $11 per share)

If we were to be conservative and say ASDS deserved a 500 million $ market cap then we get:

500 million / 17.5 million shares = 28 1/2 per share

and with a billion market cap ASDS should be @ about $50 a share.

Just some thoughts......


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