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


To: corporal spewchunks who wrote (538)11/12/1998 12:56:00 PM
From: Herschel Rubin  Read Replies (2) | Respond to of 2018
 
ASPT seems to be losing steam today. Volume dropping off and not able to push successfully above $18.

MM's artificially widened the spread upward ($17.50b/$18a) in attempts to lure in buyers thinking a rally was beginning. But they were actually trying to cross a few block sells of 25K.

There is enough uncertainty in the next few days, that ASPT's rise may slow in the next few days. Suppose Greenspan & his gang don't lower rates on Tuesday - which is seeming more likely? And then there's the Iraq attack possibility. Let's hope the market is resilient - it has had enough panic attacks this year.

ASPT needs some positive news to push it solidly over $18, otherwise, it may linger here or retrace some. Just my O.