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Technology Stocks : ASDV- Aspect Development-THE NEXT MSFT!
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To: TimeToMakeTheInvs who wrote (220)1/27/1999 1:42:00 PM
From: Golfinginthesun  Read Replies (1) of 414
 
Actually, THE time was when I pointed out that this is a temporary move down as the fundamentals are still there. The only question is really how long it will take for the market to start looking to buy earnings and not internet hype. Even if it take a few quarters from here, you are still talking about doubling your money within a year. That may not be a big deal relative to how some of the internet stocks have performed but the downside risk is MUCH less. Anyhow, I would still buy here as this baby should get to 50 within three months. I would think within a few weeks if we can return to some of our prior multiples (heck based on tomorrows earnings expectation we should be at 60 based on past multiples....)
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