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Technology Stocks : Westell WSTL
WSTL 6.020+0.3%Nov 28 9:30 AM EST

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To: Skiawal who wrote (20188)8/22/2000 12:55:50 AM
From: couldawoulda  Read Replies (1) of 21342
 
Skiawal - re: revenue estimates

As you know, Syed E Haider over at Frost Securities reiterated his strong buy rating on the stock today. Analysts happen to be in constant communication with the companies they issue coverage on, so I don't think earnings are at all a question mark here. In fact Haider increased his 12 month target from 55 to $80.00, putting to rest any potential fears that for one the Verizon strike is going to have a negative impact on earnings. With that said, it is indeed quite hard to figure out why WSTL is trading at where it is. No-brainer at these levels? I have no idea, but to have analysts even besides Haider anticipating a 450% increase in the stock between now and 12 months.... what's uupppp??
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