Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.160

+12.6%

3:57 PM EST

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To: Trey McAtee who wrote (9454)	2/24/1998 6:47:00 PM
From: Michael Perez	Read Replies (2) of 21342

Trey, Today was not good for WSTL. If it does not recover tomorrow your going to have to go through the double bottom routine. Meaning WSTL is headed for 10. After that if the company shows any sign of life, it may bounce. That's assuming they've managed to get themselves back in the game. Otherwise 5 would not seem unrealistic. I seem to recall at the last conference call they didn't seem optimistic about getting their G-lite product out the door until late 98. Does not figure well if GTE and BA are getting ready to deploy within the next few months. I think you have to face the fact GTE & BA are going to go with another ADSL Company. The market is telling us something with the price of this stock and it's not good news! I'am still watching because WSTL does have the potential to go up dramatically, provided they come through on something! GOOD LUCK.

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