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Technology Stocks : Aspect Telecommunications (ASPT)
ASPT 0.00010000.0%Oct 22 9:30 AM EST
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To: WTSherman who wrote (1954)3/21/2001 6:44:18 PM
From: MeDroogies  Read Replies (1) of 2018
 
Typically economic downturns this sharp do reverse quickly. The last "recession" wasn't nearly as sharp, and people were calling for 18 month time frames. It turned out to last 6 months, total.

I'm not saying it is likely, but I really think the economy is coming back already.

As for ASPT...you can't judge their position by the cash they are burning and the amount they have left. Plenty of companies have lasted for some time in the same position. They have some difficulties, I'd say, but nothing that can't be harnessed relatively easily. I don't think they'd keep sales staff in place if they weren't performing. That would be suicidal. Something tells me there is more here than meets the eye - either positively (I hope) or negatively (quite possible).
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