Ken Deen's
			 THE AGGRESSIVE TRADER(tm)
			        BUY ALERT
                                                           1339 Virginia Rd.
Vol. 1, No. 78                                           Montecito, CA 93108
August 17, 1992                                               (805) 565-2039
12:30am ET                                             CompuServe: 72020,2050


   Stock+Options Account:  No trades

   Stock-Only Account (formerly "Model Portfolio"):  No trades

   DESI Trading System(tm):  No trades

   Other Trading Ideas:
      * Wellfleet Communications Inc. (NASDAQ: WFLT) is a buy.

   The DESI-3(tm) timing indicator was RED on Aug. 13 and 14, but is GREEN
      for Aug. 17.


Discussion:  Wellfleet Communications Inc.

   On Friday, Wellfleet stock closed at a new all-time high of 41 1/2,
surpassing previous highs around $40 reached in January and early February
of this year.  This is a breakout from a 7-month base on high volume, a
technical buy signal.
   The company is experiencing phenomenal sales and earnings growth.  The
company just turned profitable in 1991, earning 20 cents a share.  For the
1992 fiscal year which ended in June, the company earned 75 cents a share.
The company has enjoyed earnings comparisons well into the triple digits for
the last five quarters.  The sales growth rate has also been well into the
triple digits.  The next earnings report is due Oct. 18.  This is one of the
very fastest growing companies in the very fast-growing computer networking
group.
   One risk factor to consider is the P/E, which at 55 is very high.  However,
the company's explosive sales and earnings momentum easily justifies the high
multiple.
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