Aspect Telecommunications (ASPT) Message Board

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Technology Stocks : Aspect Telecommunications (ASPT)

ASPT 0.0001000

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Oct 22 9:30 AM EST

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To: corporal spewchunks who wrote (1091)	5/14/1999 2:23:00 PM
From: corporal spewchunks	Read Replies (1) of 2018

It's also interesting to note that the number of institutions owning ASPT declined by only 3 from 260 to 257 from the week of May 10 to May 17. The cumulative selling from the end of February to May 17, drove the stock down from about 8 1/2 to 6. Of course it has now recovered to about 7 1/2. My conclusion is that the worst is over although we may get some backing and filling for awhile. Forget about ever seeing 6 again. That's a long term support level going back several years. Massive selling drove us down to that level. I would not expect to see that repeated. Volume has been drying up this week except on Tuesday which was clearly a strong buying day. Somebody is buying all the supply coming from FMR and MFS. It doesn't appear to be new institutional buying. So institutions must either be adding to positions or someone new is buying a whole lot of stock. Insiders haven't sold a share and have been buying (except for very minor planned sales). Does this fact, if it is one, help explain the new SR plan? Is this what's worrying you Bunky? Stay tuned. I might have to revise my thinking when I see additional information.

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