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Technology Stocks : ASDV- Aspect Development-THE NEXT MSFT! -- Ignore unavailable to you. Want to Upgrade?


To: Buckeye who wrote (139)1/30/1998 8:39:00 PM
From: Peter Haynes  Respond to of 414
 
Well, my only observation is that it's been a trader's dream the last few weeks. Up $3 one day, down 2.5 the next. If you knew what you were doing, which I don't...I am a buy & hold guy, you could make some serious money playing the moves.



To: Buckeye who wrote (139)1/30/1998 8:44:00 PM
From: Russ Parker  Read Replies (1) | Respond to of 414
 
Until ASDV gets more institutional following I wouldn't put much meaning to these down swings. There is a good article in February's Individual Investor on trading volume. Here's a quick synopsis. If trading volume is low and the price goes down, it doesn't mean much of anything. If volume is high and the price goes down, that is not good. If volume is high and the price goes up, this is a very good sign. Also high volume over several days with little price movement could be good also. This might mean that the stock is under accumulation. I think it's just a matter of time before more people take notice of ASDV. The drop was probably due to some impatient profit takers.

Hang in there
Russ