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Strategies & Market Trends : Stochastics -- Ignore unavailable to you. Want to Upgrade?


To: Dale Baker who wrote (327)3/6/1998 5:16:00 PM
From: Jeff Jordan  Respond to of 927
 
Avant! Corp. (Nasdaq:AVNT - news) , which develops integrated circuit design automation software, surged $1 27/32 to
$14 3/4 after announcing that its Q1 results will exceed Wall Street analysts' estimates of $49.26 million in revenues and
earnings per share of $0.31.

Friday March 6 2:40 PM EST

Avant! Sees Q1 Results Above Expectations

FREMONT, Calif. (Reuters) - Software developer Avant! said today its first quarter results will exceed Wall Street
analysts' consensus estimates of $49.26 million in revenue and earnings per share of $0.31.

The company said in a press release that the first quarter will be its 17th consecutive quarter of meeting or exceeding
analysts' expectations.

Avant! develops, markets and supports integrated circuit design automation software for the simulation, layout, verification
and analysis of deep submicron integrated circuits.



To: Dale Baker who wrote (327)3/10/1998 8:56:00 AM
From: Wayners  Read Replies (1) | Respond to of 927
 
This is late as you asked about Aspect Development (ASDV) on 6 Mar 98. ASDV was never a good short because of the uptrend--Even with the high stochastics. Can't short using declining stochastics on an uptrend. It doesn't work. You can go long on an upward hook from the lower band on stochastics. ASDV closed yesterday at nearly $50 and I see no abatement to the uptrend. Close that short.