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Technology Stocks : ADSP - Ariel -- Ignore unavailable to you. Want to Upgrade?

To: arpad toth who wrote (1952)	11/29/1999 9:16:00 AM
From: slurper	Read Replies (1) \| Respond to of 2263

TheTruthseeker.com Announces Investment Opinion on Ariel Corporation, With an Immediate Sell Recommendation NEWTON, N.J.--(BUSINESS WIRE)--Nov. 29, 1999--TheTruthseeker.com Reiterates Investment Opinion on Ariel Corporation, With an Immediate Sell Recommendation TheTruthseeker.com Reiterates it's SELL RECOMMENDATION on Ariel Corporation, (NASDAQ:ADSP), and places an intermediate-term price target of 2 dollars, with highly volatile strong downward price pressure in the immediate/near term timeframe. Investing in ADSP, at these levels, is much akin to stepping into a Quicksand trap. Long-term investors need to be aware of the risks before they become "STUCKHOLDERS" sinking within the trap. The actions of ADSP stock over the last two trading days, makes this Investment of the HIGHEST RISK to any serious investors and current stockholders. ADSP will rapidly join the ranks of other 1-3 day "wonders" TheTruthSeeker.com maintains our HIGHEST WARNING to Investors, and maintains our STRONGEST SELL RECOMMENDATION on Ariel Corporation, (NASDAQ:ADSP) This is TheTruthSeeker strongest warning to date. A case of Mistaken Identity. The vast number of Traders who invested in shares of Ariel Communication were mistaken in thinking they were investing in the true Wireless Company Ariel Wireless ( NASDAQ :AERL ). The reality is that shares of ADSP have no wireless connections at all, as reported by Dow Jones reporter, Danielle Sessa, late Sunday Night. Ariel is focused on the rapidly declining 56K modem access market, as is reported in their most recent SEC filings. Please visit our site at thetruthseeker.com thetruthseeker.com for full details. Highlights, that are covered in our report include: -- Ariel's product is NOT wireless technology, rather obsolescing 56K dial-up modems -- A case of mistaken identity misled many investors * Ariel's product is NOT new, just a renamed product of an OEM manufacturer. -- Long history of deal announcements, but no corresponding revenue -- The product serves a shrinking niche market * ISP's perceive many disadvantages to Ariel's product compared to competition -- Ariel's latest product was introduced over 6 weeks ago -- with no market reaction -- Ariel's "certification" announcement is not materially significant -- "LINUX compatibility" is immaterial and misleading -- ADSP is in deteriorating financial condition -- ADSP has no material news pending with regard to recent stock price movement -- ADSP product IS NOT wireless technology -- Ariel's product is a two-card kit that installs in the PCI slots of a Windows-NT or LINUX PC to support up to 96 dial-up modem sessions from a T1. -- Ariel has had to renegotiate its debt twice this year to avoid and/or resolve violations of debt covenants. TheTruthseeker.com is an Interactive Online Magazine and E-mail service site. TheTruthseeker.com issues Truthseeker Reports on a weekly basis. Some of the past reports by The Truthseeker include USATalks.com (NASDAQ: USAT) Citron (NASDAQ: CTRN), NET COMMAND TECH INC (NASDAQ: NCDR), 2TheMart.com (NASDAQ:TMRT), ( NASDAQ:PBYP), ( NASDAQ: PLSIA ) (NASDAQ:PTVL)and various others . The Truthseeker Reports are sent to our members and often are forwarded on to other the Regulatory bodies. Past reports in the archives are available for free to members of the public. Thetruthseeker.com agents, associates, and or employees may or may not have Positions consistent with the above position. To view the most current report please visit our site below or for additional info, please visit us at: thetruthseeker.com thetruthseeker.com --30--eb/ny* CONTACT: TheTruthseeker.com, Newton Floyd Schneider, Author of TheTruthseeker.com 201/226-7386 Fax: 201/843-5997 Today's News On The Net - Business Wire's full file on the Internet with Hyperlinks to your home page. URL: businesswire.com (c) 1998 Business Wire COPYRIGHT © 1999 REUTERS LIMITED. ALL RIGHTS RESERVED. Check out this Moron -----"Truthseeker.com" If he,s right we're finished