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

To: Kelvin Taylor who wrote (54526)12/30/1999 10:06:00 PM
From: yossarian67  Respond to of 108040
 
ASDS perplexes the heck out of me too.....I bought it on IPO day and then the next when it hit 8 and sold long ago.......but I thought it waould have been able to sustain a price in the mid 20's to mid 30's......not 17-18. It seems to take a hit whenever the B2B sector gets knocked around a little like today, but doesn't always enjoy the good B2B upside days........possibly it's still mostly retail owned and the instituitons have stayed away from it???? I don't know either, but I find it very hard to believe that it will be at this price or lower 6 months from now.



To: Kelvin Taylor who wrote (54526)12/30/1999 10:37:00 PM
From: Mike E.  Respond to of 108040
 
ASDS:

I've closed out my position in ASDS. I can't explain the action either and my 'gut' says it's gonna do well, but it just wore me out.

I started buying back in around 19 - 20 and had to average down for a couple of weeks, buying all the way to the 13's. Did okay exiting around 20. I will watch it from the sidelines for awhile now.

Good luck with it,
mike.


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