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Technology Stocks : Ask Jeeves,Inc-(Nasdaq-ASKJ) -- Ignore unavailable to you. Want to Upgrade?


To: StockDung who wrote (456)4/28/2002 8:46:40 AM
From: rrufff  Read Replies (1) | Respond to of 838
 
If your argument is that Google has had an incredible rise as a result of tremendous technology which has lept to the forefront, I do not disagree.

I invest on value. Most of my specualtive picks are purchased at 52 weeks lows. At a market cap of $50 million, ASKJ is a value play, turn around play, take over play, etc. In fact, Google's success makes the last option the most likely scenario.

It is likely that the current pared down ASKJ, close to cash flow positive, with technology leader in the corporate setting, will be taken over, perhaps by Google itself, more likely by Yahoo or AOL or even Microsoft once its anti-trust issues go away.

I'd rather be long at $1.36 than short.....