Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.050

-1.3%

12:04 PM EST

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To: Skiawal who wrote (20850)	10/17/2000 8:54:25 PM
From: Kevin Thompson	of 21342

Skiawal: Don't even bother looking at the stock tomorrow- I know you've been in this stock for so long you probably aren't even worried. Unfortunately, we've got IBM killing the tech stocks on the macro side, and CMTN killing DSL stocks on the micro side, so we can expect some punishment. Geez, hope the $9 support holds. This on the wire regarding INTC beating expectations: The results stood in stark contrast to International Business Machines Corp. (NYSE:IBM - news), which had third-quarter profits that met forecasts but disappointing sales and issued a scaled-back outlook for its businesses. Niles said to expect tech stocks -- with the exception of Intel -- and the market in general to fall tomorrow on Big Blue's earnings report, adding to the effect of an earnings warning from chipmaker RF Micro Devices Inc. $Kev$

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