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Technology Stocks : Westell WSTL
WSTL 5.730-3.4%Jan 2 9:30 AM EST

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To: Skiawal who wrote (7288)10/25/1997 3:19:00 AM
From: mike cobble   of 21342
 
"so how low do you think we are going?" I'll take a stab and I am quite long with WSTL stock and also optimistic regarding their future. Feeling they are similar to IOM in terms of infancy and near term growth potential as well as industry changing technology. I was also long AMTX until the merger was announced and always felt AMTX would trade back to the low 15 channel. If this happens and AMTX has been trading ~ .86 vs. WSTL that would place WSTL hitting ~ 17.75, but I don't expect it to sit their for any length of time. This is all shear speculation and done in the spirit of the above request. I have never been able to predict directions of stocks, rarely buy at the low or sell at the high.

mike
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