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

To: To_A_Million who wrote (386)	12/16/1999 7:00:00 PM
From: Gordon Gekko	Read Replies (1) \| Respond to of 491

You better hope they do something between now and the release of their 4th quarter financials in January. As of October 1, 1999, we have agreed with management of e4L to mutually terminate our business relationship, subject only to a short period of transition. For the first nine months of 1999, e4L accounted for approximately 27% of our gross revenues. See "Risk Factors--Risks Related to Our Business--The loss of e4L as a client will result in the loss of recurring revenue from this client" and "--We may not be able to satisfy the unique and sophisticated requirements of our clients." Even with Christmas sales and new customers this fact should weigh heavily on the coming quarter.