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

To: billy97 who wrote (332)	10/5/1998 6:30:00 PM
From: corporal spewchunks	Respond to of 2018

I notice that the October 25 options are quoted at ask 1/4. They expire on October 16 and the company is going to announce earnings on October 15 after the market close. Just a thought for the more risk oriented. Technically, there's an area of congestion at 24 but ASPT doesn't respect these technical points very much (the stock not the company). It dove right down and through 18 1/4 today which was about where it traded when they were sued by LU. I've seen this many times in the past. LU, NT and CSCO thrown out with the bathwater recently. People think there's risk in ASPT but compare the growth rate of 35% annually to the forward PE which, after today, is close to 12 ($1.45 expected in 99).