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Technology Stocks : ASDV- Aspect Development-THE NEXT MSFT!

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To: Lucas Wan who wrote (117)7/24/1997 10:15:00 PM
From: Elliot Lepler   of 414
 
Aspect has been acting well technically for some time. The earnings reported last week were considerably ahead of estimates. A large venture holder sold out its position (Cognizant), relieving the market of a large overhang.
Aspect has not yet performed well in this bull market. Now its time has come. The breakout above thirty suggests a challenge of the old highs near forty.
I have trimmed my position in here but still will hold some for a very nice ride. Not too late to buy in here if you are willing to chance needing to wait a year or so for a price near $100.
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