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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (106233)7/8/2000 5:22:35 PM
From: Jenna  Read Replies (3) of 120523
 
WSTL +29.91%

June 30 Watch List

4> WSTL - WESTELL TECHNOLOGIES INC CL A .TES Price= 15.0
Price/volume breakout for WSTL. Range expansion breakout.
marketgems.com

July 7: Westell Technologies (NASDAQ:WSTL) of Illinois supplies DSL equipment, from hardware to infrastructure management services to monitoring and maintenance equipment, too. The holding group also has an audio and video over IP and ASP division. Today, the strength of analyst comments concerning the broadband segment of the company, a reiterated "buy" rating, and a $50 price target from Jeffries & Company sent the stock up 30% to $19. A profitable quarter is expected very soon - the earnings report for the last quarter comes July 20.
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