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Technology Stocks : Westell WSTL

WSTL 6.020

+0.3%

Nov 28 9:30 AM EST

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To: Trey McAtee who wrote (9240)	1/29/1998 7:22:00 PM
From: Michael Perez	Read Replies (3) of 21342

No I did not buy any Puts on WSTL. But I'am VERY bearish on this company. They make no money and even the promise of future roll outs is starting to get old. The market on ADSL is getting commoditized even before it gets going! Do you think 3Com,MOT or any of the other modem makers are going to Let WSTL take the communications market away from them. These splinterless ADSL cards are a direct threat to them. Look at todays press release from the modem maker Hayes, even this beaten down, recovering from bankruptcy company is getting into the act! Who's next? I see tons of consolidation on the horizon. That means many of these small DSL's will be out of business or bought out at not so great prices! Sure if your lucky and wait 10 -20 more months, someone may buy WSTL at 18+ Or you could look for that other company that is already living their promise, is producing a profit, is a leader in their field and is in an uptrend and spliting periodically! People invest in WSTL on the hope of that next press release but, mean while are missing or failing to see the other boats taking off. Regardless of what it does tomorrow, the WSTL boat does have a leak!

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