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Technology Stocks : Westell WSTL
WSTL 5.500-0.9%12:17 PM EST
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To: kenneth kountz who wrote (7597)11/13/1997 8:25:00 PM
From: Trey McAtee  Read Replies (2) of 21342
 
kenneth-

while i do think that analysts are for the most part morons, i think soundview has called this correctly. i think that the drop below 20 has more to do with the overall market and global economic perception than the actual company.

now, the lack of news is upsetting, as is the delay in contract announcements. however, when seamens made his three contracts comment, he DID say that it would be in the weeks and months ahead. he has not lied to us, we just expected more sooner.and i think that expectation being for naught has a lot to do with our drop from the mid to low 20s.

as with just about everything, i am buying, and i continue to hold. i am also loading up on the dec calls. they are very cheap.

good luck to all,
trey
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