ADSC Atlantic Data Services | Stock Discussion Forums

Sponsor

To: DD™ who wrote (29)	12/22/1998 8:48:00 PM
From: Mickey Szilagyi	of 35

I'm like you. But there's not a whole lot one can do about it except factor it into the risks of dealing in stocks as a small investor. It's tough however because these instances come hard and fast and the gains generally come a lot slower. Kind of painful, wouldn't you say. This is the sort of thing that keeps me from buying more than I do. I first saw ADSC because of its great showing in IBD. I researched but certainly had no idea of the coming of this latest news. I almost bought and may have if the price would have pulled back to $9 without any news. Maybe ADSC is oversold but they will have to replace the revenue source for their earnings to remain where they are now. IMO they won't be able to do it near term. Good luck, MJS

Share	Recommend \| Keep \| Reply \| Mark as Last Read

To: Trader Harvey who wrote (32)	12/29/1998 11:22:00 PM
From: JRobinson	of 35

They sure didn't tip off the institutions, because that was pure fund selling volume on the initial gap and it is still going on although it's abating. Tax loss selling is exacerbating this a bit. The chart is just plain broken at this point. It does look like someone knew , although I'll take the company's word for it at this point. It all comes down to how quickly they can "redeploy" staff for the short term and get new contracts for the long term. Y2K and Euro work should be high margin this year but again more permanent contracts are needed to restore confidence. And to think that I chose between CTSH and ADSC because of their superior earnings history.50-50-90

Share	Recommend \| Keep \| Reply \| Mark as Last Read \| Read Replies (1)