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Technology Stocks : Westell WSTL
WSTL 5.410-2.5%Nov 19 3:59 PM EST

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To: Curlton Latts who wrote (8328)12/17/1997 3:10:00 PM
From: Trey McAtee  Read Replies (2) of 21342
 
curlton--

the company sure has been helpful during all this. i am so glad i invested in a company that cares so much about its shareholders.

you know, i have tried to justify the action based on MM activity, and i know that is partially correct. the sad and simple fact of the matter is that we have invested in a near total zero. IF this company was as good as we thought it was, the MMs would not be able to play these games so well. the thing is, with all these alliances, we still have no REAL multiyear, multibillion dollar contract. we should have had at least TWO of the big contracts by now. though even if we did i doubt the stock would go any higher. in fact, even if we did get the GTE ILEC contract today, we would still close down.

i intend to hold to 32. i know the stock will reach it eventually. but when it does, i am out. i dont care if it does then run all the way to 200. there are better uses for the money, in companies that are mature and know how to manipulate analysts.

sorry about the negative tone, but i really dont see an end to this. no, this is not really for all of my fellow losers, but is intended for those on the sideline who may be thinking of getting in.

good luck to all,
trey
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