Aspect Telecommunications (ASPT) Message Board

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Technology Stocks : Aspect Telecommunications (ASPT)

ASPT 0.0001000

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Jan 23 9:30 AM EST

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To: Craig Schilling who wrote (702)	1/7/1999 3:31:00 AM
From: Herschel Rubin	Read Replies (1) of 2018

After today's rout, now that stability in the $12 range has been firmly established (7.9M shares!), let's take a look at ASPT's valuations. Today's piece by Eddie Jackson of Piper Jaffray indicates a downward revision of EPS estimates to: 1998: 77c from 87c (prior estimate) 1999: 88c from $1.05 (prior estimate) At $12.25, that yields the following PE's 1998 PE = 15.9 (trailing 12 months PE) 1999 PE = 13.9 (forward PE). These are not high valuations by any stretch of imagination, especially in this market. At these valuations, ASPT has become increasingly attractive and will retrace today's drop once the dust settles. And, once recent Management changes begin to inspire confidence, ASPT should command a PE commensurate with its growth rate of over 30% which would put ASPT's 1999 target at 30 X .$88 or $26.40 Looks like a doubler from here, folks.

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