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Strategies & Market Trends : Cents and Sensibility - Kimberly and Friends' Consortium -- Ignore unavailable to you. Want to Upgrade?


To: Chris Kozaczka who wrote (36817)12/1/1999 10:40:00 PM
From: DO$Kapital  Respond to of 108040
 
I noticed the crew over@market gems were shorting the stock yesterday
so that was the first red flag for ASDS. Should head back up with
favorable market conditions.



To: Chris Kozaczka who wrote (36817)12/1/1999 11:31:00 PM
From: JeanD  Respond to of 108040
 
ASDS ... the COO left, not the CEO. Here's the PR:

Wednesday December 1, 8:51 pm Eastern Time

Company Press Release

SOURCE: ASD Systems, Inc.

ASD Systems Announces Resignation of COO

GARLAND, Texas, Dec. 1 /PRNewswire/ -- ASD Systems, Inc. (Nasdaq: ASDS - news) today announced that its chief operating officer, James P. Cormier, has resigned to pursue other opportunities. The company stated that it is actively engaged in a search for a suitable replacement. Pending employment of the new executive, Norm Charney, ASD Systems' president and chief executive officer, has assumed the responsibilities previously performed by Mr. Cormier.

ASD Systems provides software and manages the infrastructure behind e-commerce. ASD's software and comprehensive service solution enables Internet retailers and direct marketing businesses to outsource their complete commerce-related operations. ASD's software integrates clients' Web sites with multiple call centers, fulfillment centers and drop-ship vendors. Clients can also outsource their operations to ASD's integrated network of call centers and strategically located fulfillment centers. The ASD solution is priced on a per-transaction basis, reducing clients' initial costs and speeding their time to market.

Contact: media, Brendan Cohen, Director of Marketing,
bcohen@asdsystems.com, or investors, David Bowe,
Chief Financial Officer, dbowe@asdsystems.com,
both of ASD Systems, Inc., 214-348-7200.

SOURCE: ASD Systems, Inc.