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Technology Stocks : Westell WSTL
WSTL 6.130+8.7%Nov 26 3:52 PM EST
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To: blue-ptcruiser who wrote (20997)10/26/2000 5:26:31 PM
From: Logain Ablar  Read Replies (2) of 21342
 
bp:

If your still in WSTL a few points to consider.

1) Retail tax selling will commence in mid November thru the end of the year.

2) Once below $5, non marginable.

3) No creditability with street.

4) No inflow from funds for a while.

5) Dead money.

6) Shorts will keep pressure on to have it close below $5.

7) Those that want out are out BUT there are also no buyers. As stock drifts down from this DCB the MM's will kee offering @ lower price until buyers are found. As price continues to decrease more throw in the cards.

This reminds me more of INFX earlier this year. I actually see this hitting $4 b/4 year end.

Good luck.

Tim
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