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

To: corporal spewchunks who wrote (1091)	5/14/1999 2:03:00 PM
From: corporal spewchunks	Respond to of 2018

On February 28, 1999, Fidelity owned 5,316,000 shares of ASPT. As of their most recent SEC filing they now own 2,539,964, having sold 2,776,036 between February 28 and the present. As of February 28, 1999, MFS owned 5,848,579 shares of ASPT. As of their most recent SEC filing, they now own 1,953,990 shares, having sold 3,894,589 shares between February 28, 1999 and the present. FMR has reduced its stake in the company to 5.162% from 10.9%. MFS has reduced its stake from 12.0% to 4.1%. Whether these two institutions intend to sell out completely is unknown to me of course. But this clearly explains where the selling is coming from.

To: corporal spewchunks who wrote (1091)	5/14/1999 2:23:00 PM
From: corporal spewchunks	Read Replies (1) \| Respond to of 2018

It's also interesting to note that the number of institutions owning ASPT declined by only 3 from 260 to 257 from the week of May 10 to May 17. The cumulative selling from the end of February to May 17, drove the stock down from about 8 1/2 to 6. Of course it has now recovered to about 7 1/2. My conclusion is that the worst is over although we may get some backing and filling for awhile. Forget about ever seeing 6 again. That's a long term support level going back several years. Massive selling drove us down to that level. I would not expect to see that repeated. Volume has been drying up this week except on Tuesday which was clearly a strong buying day. Somebody is buying all the supply coming from FMR and MFS. It doesn't appear to be new institutional buying. So institutions must either be adding to positions or someone new is buying a whole lot of stock. Insiders haven't sold a share and have been buying (except for very minor planned sales). Does this fact, if it is one, help explain the new SR plan? Is this what's worrying you Bunky? Stay tuned. I might have to revise my thinking when I see additional information.