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Technology Stocks : Aspect Telecommunications (ASPT) -- Ignore unavailable to you. Want to Upgrade?


To: Sunil Veluvali who wrote (1421)9/9/1999 5:25:00 PM
From: MeDroogies  Respond to of 2018
 
I think both reasons are valid...TA indicates (remember, I'm a novice) that this should begin a climb again (frankly, I think it's overdue....but I started making some shorter term calculations to "guess" when this would happen), AND I think the turnaround is speeding up.
Positive earnings? Haven't a clue, but it makes some sense. There is supposedly a backlog of orders in place. But I don't know that for sure, it's purely hearsay. Don't want to P&D this. REPEAT, THAT IS PURELY HEARSAY. AND I AM A NOVICE AT TA.



To: Sunil Veluvali who wrote (1421)9/9/1999 11:56:00 PM
From: MeDroogies  Read Replies (1) | Respond to of 2018
 
Based on a bit of NOVICE work I put in today (I really feel compelled to say that, because I'd like somebody with more experience to chime in if they think I'm off base), I'd guess that 16 in the next week is HIGHLY likely, and a top of 20 in about 3-4 weeks.
At that point, its really up to the company to perform or give indications of future performance before longer term activity can be predicted.
I thought 20 would be here by end of August. But as activity levelled off, I began to track the cycles. I began to estimate how many shares needed to be taken off the table from the gaps that had occurred during the drops. According to my counts, I thought that one of the last 2 drops to 10 7/8 (or 15/16) would be the last. In my dreams, I was really hoping for one more, so I'd have time to get my money ready. Today's move wasn't a surprise, per se, but I didn't have money ready (though I did buy more).
If ASPT can make their #'s pop...who knows where we can go?