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Technology Stocks : Westell WSTL

WSTL 6.000

-3.1%

Jan 16 9:30 AM EST

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To: Matthew B. who wrote (6375)	9/23/1997 7:46:00 PM
From: Robert DeHaven	of 21342

Market Makers....Market Makers....Market Makers.....If you have level 2 the trading was contrived in my opinion....1000 share blocks trading 4 X 1000 takes each market maker down and 1/8 .....All day. Short & Cover Short & Cover....There was also a guy playing with 2500 shares trded over 10 times....Short Cover Short Cover. The game works for the MM'ers because they let it work for themselves....All the way down they pick up stock for indy's who panic and sell to the market in a panic. Thre real orders were 50 k, 25 k i think 3 times definately sales...but how did we get to 1.1 million shares? Short & Cover Short & Cover....Everbody run for cover this is WSTL at its worst....but it is true WSTL....It might be shake out time before GTE or BT announce..... Everyone still aboard? The seas have grown quite nasty...and the sky is dark. But then again things usually get dark before the light shines again. Everyone together now...say: "MARGIN CALL" Tomorrow is a new day. Right Curl Man??? Just my opinions folks ...I could be wrong. Bob

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