Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.020

+0.3%

2:56 PM EST

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To: PeterR1700 who wrote (9428)	2/23/1998 2:12:00 AM
From: PiedPiper	Read Replies (2) of 21342

PP ? I never thought of my handle being PP (that which describes this stock). You know you can sell and just buy something better. WSTLs best bet is that MZ can sell this puppy like the local car dealer (currently buyout = 16ish). But if it breaks down (currently resting on a convergent trend }, then buyout = 13. I'm not sure how much money your going get here now. And I have valuation thoughts of the T1 side of business being much lower, so such a buyout becomes a much lower figure. Or wait for the BT announcement and the GTE announcement on the deployment schedule (then sell) to egg you on some more. An alternative, and I am speculating here but you could watch for it, is to buy PAIR. PAIR has technicals which look favorable for breakout very soon (>21.25), which leads you to a run up to 24, a pause and a move to 31 this summer. New highs are possible this year based on OBV. They are also doing the "nasty" -- making money and GROWING TOO --- shaazzaaammm! Or watch for a hopeful breakout of WSTL (>14) and run into stiff resistance at 16. Any move above that -- jump on it -- and kick me in the shins! Now if you want to go after the ADSL play albeit small you can buy AWRE at 12ish now with the same downside risk as WSTL and very little overhead resistance beyond 15. The kicker here is that any positive stmts. from the consortium or their role in different conferences bounce the stock handsomely.

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