Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.000

-3.1%

Jan 16 9:30 AM EST

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To: Michael F. Donadio who wrote (20382)	9/13/2000 11:32:32 AM
From: P. Ramamoorthy	Read Replies (1) of 21342

Michael, There is a perception among many professionals that WSTL is a trading stock, not suitable for long term investing. This crowd recognizes the DSL sector's growth potential but has ruled out WSTL as a dominant player in the DSL sector. This perception is based on WSTL's long streak of losses and the poor performance in the last few years. Longs (on this thread) and a few analysts believe that WSTL is turning around and that WSTL is about to grow market share and margin, exponentially. The uncertainty about this QTR's results and about the results of merger with TLTN are not clearly understood by these professionals. Shorts wish to see a pre-announcement from WSTL about this QTR's earnings shortfall and a subsequent drop in WSTL price. If there is no pre-announcement before the quiet period begins, more shorts may cover. As for WSTL price, 13 has been a good support. The price has bounced off the last few times it touched the 13 level. Similarly, on the upper end, the last few times it touched the 30 level it dropped. Wish to see it hold above 30 this time. Ram

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