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


To: John Pendergast who wrote (1828)7/9/2000 10:54:53 PM
From: MeDroogies  Read Replies (1) | Respond to of 2018
 
So I should have doubled down...bummer. Oh well, we'll still hit 50 at this point.



To: John Pendergast who wrote (1828)7/11/2000 11:54:11 AM
From: MeDroogies  Read Replies (2) | Respond to of 2018
 
Still keeping checking the price to see if it was a dream...yuck!
I got hurt on the options play. I have to say, however, I'm not pissed at management. I am fairly certain they did everything in their power to make it come out good. There are issues of sales management that even I understand.
1. The gov't sucks. Try to avoid doing deals with them, and if you do, don't factor the money into any plans until it shows up.
2. Make sure you have honest people under you. Everybody has somebody working for them who's good at "hide the weenie". Making sure you know who they are and riding them hard is tough...but it needs to be done.

At least they dealt with it quickly and in a straightforward manner. 2 years ago they waited until earnings to announce, then diddled about fixing the issues. Even so, they started performing solidly on short measure. I expect the same here.

Your views?