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

To: John Pendergast who wrote (1772)	6/24/2000 11:25:00 AM
From: John Pendergast	Read Replies (1) \| Respond to of 2018

Here is something I just posted on the Yahoo! site which I am reposting here just to keep this Board alive. I am looking at a Morgan Stanley by: JohnPendergast3 6/24/00 10:58 am Msg: 7063 of 7063 Dean Witter research report from analyst George Kelly dated April 25, 2000. In it, Mr. Kelly says as follows: "Customer acceptance of Aspect's products remains strong. Aspect doubled the number of installed seats during the March quarter to 30,000 from 15,000." Beatriz said in her recent interview on CNBC that the number of seats was now in the hundreds of thousands. That suggests to me that in the current quarter Aspect has at least quadrupled the number of installed seats. This is the source of license revenue for any software company and is indicative of the fact that we are in the midst of a "blowout" quarter or, as some would say, "in the middle of a tornado." Why is the stock going down in that case? Because the pros want it to go down so they can load up at cheaper prices before the news starts to get out and /or so they can cover the rather large short position before they are squeezed by the news. Either rationale suggests buying before the earnings runup or at the beginning of it. When will it begin? When my reasoning begins to get noticed. I would like to see an article about the company in a major financial or even public journal. In the meantime, the best short term strategy for the long term investor is to hang on tight to core positions, don't be shaken out by sharp moves down (they bounce back if you have noticed) and use the drop as a day trading opportunity. Buy the dip and sell the bounce. In my opinion it is virtually certain that ASPT will start moving up as we get closer to the earnings announcement. Nothing negative on the horizon. All positive. By the way, Mr. Kelly's target? $70.