Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.160

+12.6%

Nov 13 4:00 PM EST

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To: apollo_2000 who wrote (21243)	10/21/2001 12:26:15 AM
From: P314159d	Read Replies (1) of 21342

These trades would be a reasonable bet to get into the stock and profit back up to the company's options strike at $4 as it well assured that the stock won't run too far for those shares for years. For ten grand you can buy your entire 10000 shares of options due in April and make a little extra change. I can attest to that strategy. Also, in this year, the company suspended its cash bonus plan for stock options in the area of 2.70 or so. Also another way to leverage that "underwater option" for a quick run. It is a great time to speculate in these "near-death" plays. While WSTL can make its move to the 5 area (my taarget). Others in the industry will do better, namely RBAK. Either way, one cannot complain about the striking move on the MSFT news, scaring AOL into a bigger more aggressive campaign, I am sure. Have fun with it, I am only riding for about 30 to 40K.

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