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Technology Stocks : Westell WSTL
WSTL 5.510-3.0%Nov 21 9:30 AM EST
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To: Trey McAtee who wrote (8357)12/17/1997 5:12:00 PM
From: hal jordan  Read Replies (1) of 21342
 
Trey--The only hope any of us have for significant stock appreciation in any xDSL oriented company is actual deployment. I believe that ADSL will fly, however, I also do not believe that will happen in a widespread manner until 1999. Therefore, you will probably see another year of turmoil in the xDSL stock community with prices going up and down with lots of volatility. At this point, I would say the market sees no large deployments happening shortly, hence the reduction of stock price.

What worries me about WSTL is the longer the wait for xDSL deployment, the more of a chance another company getting the goods. That being said, the low teens look fairly decent from a risk/reward scenario. I would not rule out WSTL revisiting single digits again though. I would load up if that should happen.

Hal
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