Aspect Telecommunications (ASPT) Message Board

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Technology Stocks : Aspect Telecommunications (ASPT)

ASPT 0.0001000

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Feb 6 9:30 AM EST

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To: Herschel Rubin who wrote (559)	11/18/1998 6:47:00 PM
From: corporal spewchunks	Read Replies (1) of 2018

Herschel, I'll be really surprised if we see any more 30s. That's deep in the money stuff that I think is designed for insurance only ie. point for point with no meaningful premium. I know there were some March puts done at a lower strike. I'll have to go back through the open interests and see what's still out there. I'm glad you didn't totally miss the exam although you still could have taken a make-up. Otherwise I was planning on giving you an incomplete for the course. We are going back to at least 25. That Piper Jaffrey analyst who revised his target down to 22, Edward Jackson, is going to get a lot of blame for getting people out but zero credit for getting them back in unless he says something pretty soon. He won't. Doesn't want to lose face. So if your listening Ted, and I know you are, think about it before we get that three points up day. On the other hand, I guess you can always say that your target has been reached and cut again. May not be many weak hands left though, only profit takers.

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