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

To: MeDroogies who wrote (1790)	6/30/2000 3:12:16 AM
From: John Pendergast	Read Replies (3) \| Respond to of 2018

You must have entered a market order or hit the ask price before the last 30 minute swoon. I don't think that the MMs like writing the July 40s because they know that they can be blown up by a positive earnings report. The chances of the stock getting to 45 between now and the July 22nd expiration date are pretty good. If we go below 40 at all, I agree that we shouldn't stay there very long. With a little luck, we might even close above 42 tomorrow which would add millions of dollars to the value of the many institutional portfolios in which ASPT appears. In fact, I would expect the market in general to be pretty good tomorrow. I've been wrong once or twice before so this advice is only as good as the amount you are paying for it but if I were a betting man, which I guess any stock holder is, that's the way I would go.