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Technology Stocks : Westell WSTL
WSTL 5.640+1.3%Nov 25 3:53 PM EST

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To: Emile Vidrine who wrote (20094)8/16/2000 7:52:35 PM
From: kolo55  Read Replies (2) of 21342
 
This could have set the shorts off.

Usually the short camp waits for some sort of news to attack on (remember Auric promised to whack the stock price after the 10Q was filed). It could be that this article published at 1:15 ET on CNET caused the attack to be initiated. Pay close attention to the phrasing regarding refusing to take new orders.

yahoo.cnet.com

I still think that WSTL stock has overreacted in a big way to the Verizon strike. The actual impact is likely to be very small on Westell.

Paul
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