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Technology Stocks : Westell WSTL
WSTL 5.900+2.4%3:53 PM EST
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To: Trey McAtee who wrote (13642)10/20/1998 3:50:00 PM
From: Johnathan C. Doe  Read Replies (1) of 21342
 
I have a publicly traded portfolio here on SI and so you can see that I've been underwater for months, and deeply under at times. One tech stock might capitulate; LARS is a great example of a stock that has real management troubles. I haven't seen that in WSTL. I haven't seen any accounting irregularities either and that is a real stock killer and probably the #1 danger. I see WSTL continue to either be deployed or included in trials worldwide and as you see with BEL; trials do lead to real deployments. ADSL in general is also doing ok as a technology. What I do figure is that highly volative second tier tech stocks can be traded profitably if one plays the volatility. That is a belief, and I am actively trying to prove it. I've been messing with trying to make a profit out of some of the doggier tech stocks and haven't played some of the real good ones such as the internet stocks in my portfolio. I haven't even played the dogs to their best since I only am doing this a few hours a week at this point and so miss many opportunities. All of that factored in, I was yesterday actually in positive territory factoring in profits taken against the smaller portfolio loss. Westell is in that portfolio and I never worry about it.
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