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Non-Tech
ASI SOLUTIONS (ASIS): A FAST GROWTH COMPANY!
An SI Board Since June 1997
Posts SubjectMarks Bans Symbol
158 3 0 ASIS
Emcee:  contax Type:  Unmoderated
I want to start a thread on this recent IPO.

ASI Solutions Inc. is a leading national provider of a comprehensive range of human resources outsourcing services for large organizations seeking to hire, train and develop a higher quality, more effective workforce. The company's products are organized into four core areas: assessment and selection, training and development, customer contact monitoring and employment process administration. ASI markets its services principally to Fortune 500 companies for which customer service, sales and call center functions are critical
components of their businesses.

ASIS went public in April of this year and last week announced their 4Q and year end earnings. Sales grew by more than 100% and EPS by 400%! On Invesor's Business Daily's ranking system, ASIS is one of the very few companies to enjoy an EPS & Realative Strength rank of 99! And the fact that they reached this ranking level in less than two months is even more remarkable!

biz.yahoo.com

I estimate that for the upcoming year, ASIS will earn about 58›. At today's closing price of about $10, that gives them a PE of 17. Other companies in it's group routinely get a PE of 30. That would price ASIS shares at around $17. With an EPS growth rate of 400% and sales growth of over 100%, I believe, ASIS deserves an even higher PE multiple! With a PE of say 50, which is half it's growth rate, this could well be a $29 stock by the year's end. Another couple of quarters of solid earnings' reports, then that IMHO is a distinct possibility!

Any comments!

Happy Investing!

Karim
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158dale, no joke. i knew i had dead money for awhile, but i didn't mean to burSkeeter Bug-10/5/2001
157LOL - time to review your portfolio there, Skeeter. Yes, someone bought them, oDale Baker-10/5/2001
156dale, whoa! now i recall they were bought out. man, i better pay more attentioSkeeter Bug-10/5/2001
155I sold my last ASIS in January - the chart ends in May, are they still trading oDale Baker-10/5/2001
154am i the only one still holding asis? hello world! ;-)Skeeter Bug-10/5/2001
153Here's a new article on ASIS - "Taking Care of Business" - streetsDale Baker-10/9/2000
152 bt, still holding asis?Skeeter Bug-3/10/2000
151 bt, stock growing at 70% with with a 20 pe... duh!!!!! ;-)Skeeter Bug-2/6/1999
150 Number of BUY on the Stock ! ! I just finished my DD on this one. Looks reallBigTimothy-2/6/1999
149 Skeeter Bug, ASIS is a great buy in 8's. No Asia exposure, more outsourcingkvogel-6/5/1998
148 asis getting beaten out back in the shed. maybe time to buy a little... Skeeter Bug-6/5/1998
147 did you notice assets were $14 mil and total liabilities were $29 mil? OUCH! Skeeter Bug-5/21/1998
146 To All: Nice earnings report this morning. Small caps still in doldrums. We'kvogel-5/21/1998
145 vin, i bailed today at $9 15/16. i saw somebody hit the bid and only the bid fSkeeter Bug-5/19/1998
144 where does asis go from here? tia...Skeeter Bug-5/10/1998
143 vinny, thanks. you aren't out b/c of any negative knowledge re: asis, righSkeeter Bug-5/8/1998
142 To Skeeter and ALL: I am out. Two reasons(if you care). One I am buying a homevincent sciplini-5/8/1998
141 I CAN NOT BELIEVE IT!!! People are actually trading the stock today!! WOW vincent sciplini-5/8/1998
140 >>This stock is boring.<< let's hope eps aren't :-) this Skeeter Bug-5/6/1998
139 WOW a message on the ASI board. They will report earnings around the 21st. Thisvincent sciplini-5/6/1998
138 when does asis report? the end of may? or later? what is the url for their wSkeeter Bug-5/6/1998
137 any word on when eps are due? tia...Skeeter Bug-4/28/1998
136 when does asis report? time to buy some more?Skeeter Bug-4/23/1998
135 No news but I would say news about a good quarter has been leaked to some instikvogel-4/1/1998
134 Lookin' good! Up 7/8 to 11 3/8 on 101K volume (5-6 times normal day). AnySuiteStock-4/1/1998
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