Westell WSTL Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Westell WSTL

WSTL 6.000

-3.2%

3:51 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Jim Tao who started this subject	10/3/2000 4:54:28 PM
From: blue-ptcruiser	Read Replies (1) of 21342

Well as they point out blood in the streets is the time to buy, i have seen this a few times with other stocks (pmtc/cpq/wstl/cien/nxtl/nxlk....)just as a few examples. one begins to see an increase in negatives on the stock (every little item is scrutinized)again this could be any stock or even the markets in general. Most of the time it signifies some kind of bounce (oversold rally, true bounce/rally..whatever) almost as if a "coiled spring" is compressed and must let go. I again stand by this latest move down (from 15 area) is more market related than anything else.. but none the less down is still down no matter how it gets there. last time WSTL traded this low she bounced hard and fast. i cannot predict bottoms nor tops thus when pressure is release it should pop quite nicely if one were to get some here; downside maybe 10s up side i still see as 17-18 max. (short term). stocks dont go straight up every day and they dont go down every day either.

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next