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Technology Stocks : Westell WSTL
WSTL 5.570+1.1%Nov 24 3:57 PM EST

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To: SJS who wrote (7804)11/20/1997 10:16:00 AM
From: Pierre Aydin  Read Replies (4) of 21342
 
The Amati/TI deal is a blow to Westell, that's the way the street sees it. The street did not like the WSTL/AMTX deal from the begining since the stock prices in both companies took a beating.

I believe what's gonna happen is that WSTL will get beaten up more so that all the big guys could buy at fire sale prices. I bet you when all these analyts downgrade their firm is buying all the shares at cheap prices. I also believe that TI is not in the business of selling modems so no threat to WSTL, they just want to sell chips. I also think that one of WSTL competitors is gone being AMTX, this is good for WSTL and all the other DMT players will be history, they can't compete with the bigger players.

I am looking for an entry point in WSTL around 15 if it gets there, You have to ask yourself, What has changed in WSTL before the merger announcement? Nothing and stock price is going down, this is just a game they are playing.

Good luck to all

Pierre
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