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Technology Stocks : Westell WSTL
WSTL 5.500-0.9%12:17 PM EST

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To: Al Simonaitis who wrote (8343)12/17/1997 3:57:00 PM
From: Trey McAtee  Read Replies (3) of 21342
 
al--

what has changed? the company has failed for another day to help its shareholders. it has failed to announce contracts that were promised during the SUMMER. and the stock price has fallen to extremely low levels. i simply can not remember the last time we had an up day of even 1/16.

and NOW, we have a rumor that the insiders are SELLING.

i guess my point is that the technology and the prospects, the reasons i bought the stock in the first place, have done nothing to help it. there is a very big reason the stock is not again in the 20s. the market simply does not like it.

it has become obvious that the stock is heading nowhere. i mean even when we have positive news, we go down. it gets to the point where it becomes obvious that the ENTIRE market is against this stock. my clients and i have a lot of money, but not nearly enough to fight the market.

good luck to all,
trey
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