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Technology Stocks : Westell WSTL
WSTL 5.640+1.3%Nov 25 3:53 PM EST

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To: JW@KSC who wrote (9297)2/5/1998 12:34:00 PM
From: Andreas Helke  Read Replies (1) of 21342
 
Hello Jim,

DSL was about the only sector where I made money last year. I had finally figured out that it is a good idea to buy Amati for $11 and not a good idea to pay more than $14 for its stock. When the TI offer came my latest Amati buys became very profitable. From $11 to $20 in less than half a year. With Westell I made quite a bit of trading profits. I considered Amati to be the really important DSL stock and therefore was not shy with realizing Westell profits when I had them. I managed a few times to pick up shares at about $16 and sell them for $20 - 23.
My big networkers where between not very good to outright disaster. I should have sold 3Com when it reach my original selling target of $60. I have put more and more money into biotech but most of these investments still have to make serious money. I consider Ligand Pharma (LGND) the most interesting of my biotech investments. It is remarkably similar to Amati. If the current earnings projections pan out Ligand should have a share price of $200 to $300 in 2006 compared to todays price of about $11. It is at the bottom of the current trading range. This is similar to the potential upside that I expected from Amati if all would have gone well. In contrast to Amati Ligand has a very solid balance sheet and is expected to become profitable next year.

Andreas
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