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Technology Stocks : Westell WSTL

WSTL 6.200

+1.6%

Jan 8 3:38 PM EST

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To: pat mudge who wrote (794)	10/9/1996 4:40:00 PM
From: Emile Vidrine	of 21342

Pat and all---WSTL is being manipulated by the NASDAQ and the MMs--there is no doubt about. The fundamentals have not changed. WSTL simply failed to get a substantial contract. There are two articles that I would strongly recommend to help understand these manipulations. One of the articles appeared recently in Forbes--July 29, l996. The title is ONE DAY SOON THE MUSIC's GOING TO STOP. The second article can be found at: "RULE NUMBER ONE: ALL SHARP PRICE MOVEMENTS -- WHETHER UP OR DOWN -- ARE THE RESULT OF ONE OR MORE (USUALLY A GROUP OF) PROFESSIONALS MANIPULATING THE SHARE PRICE." hot-stocks.com Remember: The volume on NASDAQ cannot be trusted. They manipulate the volume to make it appear larger in whatever direction they desire. Also remember that the first $10 fall was engineered with approximately 20, 000 shares reported on the board. They started the panic with this initial drop and are now picking up shares from terrified small investors and samll funds and those squeezed by margin call.. Emile

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