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Technology Stocks : Westell WSTL
WSTL 5.510-3.0%Nov 21 9:30 AM EST

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To: add who wrote (18123)2/24/2000 1:07:00 PM
From: Leroyt  Read Replies (1) of 21342
 
I generally agree with the formula. The higher WSTL goes, the more TLTN will lag behind because the risk is going back to $25 or less with TLTN if the deal falls through.

As a result, WSTL is being artificially held down by TLTN, IMHO. Because of arbitrage, etc.

Therefore, once the deal is completed, I think we'll see WSTL in the $40-50 range. JMHO and ....

Also, who knows how much business WSTL does in wireless as per today's PR. What are the possibilities down the road. I know wireless is big time but .... what's WSTL's role?

later, leroyt
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