Aspect Telecommunications (ASPT) Message Board

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Technology Stocks : Aspect Telecommunications (ASPT)

ASPT 0.0001000

0.0%

Oct 22 9:30 AM EST

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To: Sunil Veluvali who wrote (902)	4/14/1999 6:52:00 PM
From: corporal spewchunks	Read Replies (3) of 2018

Finally, a truly upbeat conference call. The best I've heard and I've heard a few. They cleared up some major "vision" issues. They let it be known that they have a definite direction, the direction is consistent with where the market is going, including some of the acquisition activity lately, and I now longer have the impression that they are wandering in the woods. I wouldn't be surprised to see a gap open tomorrow. On the other hand, the larger than anticipated (loss -19 vs. E.-10 operating) may be used in some quarters to try to beat the stock back down towards 6. That loss is the least significant thing to come out of the conference and any weakness on the open will be a real opportunity. The analysts who questioned JC, EK and BI were not really focused on the loss. EK said that he thought the company would be back on track before the year ends. ie. profitable. I suspect that the company could have put up better numbers but elected to take the pain now rather than diluting future performance. The company has bought back 3.25 M shares and will continue the buyback under present Board authorization of 5M shares. Analyst Peter Wright from (?) who seems sharper than the norm, pointed out the disparity between what CSCO paid for Geotech and the value that the market has placed on ASPT ie. 2B vs. 350K market cap for ASPT, a company with considerably more revenue. I don't exactly know what criteria the analysts use before they raise an opinion from hold to accumulate or buy but IMHO we deserve at least one of those. I guess we are not going to get it from EJ of PJ. He didn't ask a single question. Hopefully, the company will take advantage of any out of focus selling and buy into any weakness. Finally, I wonder whether some of these analysts will either be replaced by software guys or have to move up on the learning curve so that they have a better understanding of where the market and ASPT are going. I have criticized the company in the past for not making their new business plan more visible to the financial markets and being too timid when they did say something. That objection has been overruled by today's call.

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