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Technology Stocks : Westell WSTL

WSTL 5.760

+0.2%

Dec 31 3:47 PM EST

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To: Skiawal who wrote (16524)	6/29/1999 3:57:00 PM
From: Michael F. Donadio	Read Replies (1) of 21342

Ski it's depressing when 4 great announcements do diddly. The market wants earnings and profit margins. This is something Westell is not delivering. But who is? For the stock price to rise we need to see some contracts with dollars attached. From what Wall Street sees ADSL is a money lossing operation so far where there are a lot of players in the field selling at forward pricing. In spite of the big yawn today's 4 announcements were greeted by, Westell has positioned itself well and the announcements convinces me that Westell is covering the bases. Everything says large scale deployment in the 3 and 4th quarter. The guy who will "eventually" grab the ball and run with it the market will reward. Westell will at least be on the team. "EVENTUALLY", however, is becoming like the spanish manana. See you manana, Michael

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