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Technology Stocks : Westell WSTL
WSTL 5.900+2.4%3:53 PM EST

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To: Mister5By5 who wrote (15684)4/10/1999 12:07:00 PM
From: Johnathan C. Doe   of 21342
 
Like you say; it's been a cash register under 5 for anyone taking the risk and buying heavily. One stock that looked like it would be gone a long time ago and still isn't is ANCR; still around and it just came back from the dead. Not that I would touch it, but I'm just making the point that these seemingly hopeless in need of money cases do survive sometimes. I just can't see WSTL going belly up with all of their next generation technology that is good stuff. BA as you say wouldn't sign for 5 years with their most important marketed new technology with a supplier that is going to be unreliable. I've been watching WSTL equipment rolling out now since November in volume for BA; that was all you need to see. The announcement was just after the fact. That is why I always felt secure buying it on dips. What we will need is an upgrade and instituional buying. WSTL has an old pattern of jumping 5 points in the last half hour of trading. We have yet to see this kind of thing. The upgrade will come after the big jump if we get one.
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