SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Westell WSTL
WSTL 6.3300.0%Jan 30 3:41 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Trey McAtee who wrote (7943)11/22/1997 11:16:00 AM
From: hal jordan  Read Replies (1) of 21342
 
Trey: >what ever happened to BA deal? we got it in MAY, and the stock went to 25. now we go from side to side. the deal didnt disappear. the point is that people forget good news.<

I agree with that too. I just want to actually see the WSTL equipment deployed. I don't trust PR announcements and telcos can always change their mind in terms of deployment. What if BA has trouble getting ADSL off the ground and delays deployment until mid or late '99? Remember they were first talking about much earlier deployments. I think the street has grown tired of waiting.

It seems to me that PAIR is the only stable company in the xDSL group, but that WSTL has the most possible future potential if events come through for them. You inferred you were big into Dec calls. I hope they work out for you. I have been losing thousands upon thousands with my investments in WSTL calls, admittedly when they were purchased with WSTL in the mid-20s and prospects seemed right around the corner. I was counting on an announcement with GTE ILEC when I purchased those calls. There does seem little downside risk with WSTL now in the 16s. Perhaps a few points to lower teens, not much else unless this market crashes. As I stated before, I would like to pick up WSTL at 15. Not out of the running yet.

How is this for a call strategy: If WSTL does bottom out in the lower teens, I plan on picking up lots of in the money or just out of the money calls, out to May '98. Do you have any intuition that leads you to believe December will be a positive change for WSTL?

Hal
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2026 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News