ASDV- Aspect Development-THE NEXT MSFT! Message Board

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

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To: Quinn Dunlop who wrote (17)	10/18/1996 4:21:00 PM
From: Quinn Dunlop	of 414

Talked to ASDV According to their investment relations representative, the possible reasons for their stock tanking: - software license revenues were not at forecasted 50% apparently, some institutions get really worried if for whatever reason if license revenues come up short, they think there is a slow down happening. thus ASDV, came in below 50% which scared some folks a lot! so, sell now and ask questions later. - On no news, the stock moved from the mid 20s to 40 the last 2 months. momentum players anticipating better tnan expected earnings and revenues brought up the stock so when ASDV earnings did came out and the numbers did not meet their "estimates", they bailed big time. It's like what's been happening most of this week. Stocks get moved up in anticipation oh higher than expected earnings, then once earnings are released and don't beat estimates as anticipated (ie. Sun & S3), they get sold off a bit. I would wait a while before diving back in to ASDV. Look at accumlating shares once it reaches it previous base and support levels. QD

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