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Technology Stocks : Westell WSTL
WSTL 6.000-3.2%3:51 PM EST
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To: Curlton Latts who wrote (771)10/9/1996 1:23:00 PM
From: kenneth kountz   of 21342
 
Curly: I would think the definition of a "meaningful impact" is a drop in the stock from 46 to 27, don't you? This corresponds to a capitalization loss of about $615 million. I think the CEO of WSTL is thinking meaningfully today. The logic of what is going on the past two and one-half days to WSTL is probably just the reverse of the logic which drove the stock to its previously high nose bleeding level-that is there is no logic.
This "investing" game in these start up companies is just a crap shoot, with little guys like you and I hoping for miracles. I hope you are right that this carnage will blow over. I, like a lot of other small fry are stuck with huge paper losses in WSTL. I'm going to wade it out.
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