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Technology Stocks : Westell WSTL
WSTL 5.580-0.2%9:54 AM EST
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To: Trey McAtee who wrote (10255)4/18/1998 5:47:00 PM
From: Dan Markel  Read Replies (1) of 21342
 
--off topic but related-- ...Trey, here is a question i'd like to ask you after having read your and other posts here on WSTL thread: what makes you (i mean all of you long WSTL) sit in the stock that performing in such a poor manner like it is - i seriuosly cant get it: wouldnt it be better (and smarter) to miss a couple of points on a runup when the stock finally begins moving (assuming it'll ever be capable of demonstrating bullish behaviour again) than sitting in it for months watching it doing nothing except regular daylong shakes when there is no other play for bored daytraders out here.. while i could justify that sort of investing/trading style for very-long-termers putting in their money for years ahead and bothering themselves by checking quotes as often as twice a year at best i feel completely lost in your case of intelligent experienced people spending alot of time researching/reading/discussing every day still holding their positions therefore losing time/money by missing other market opps round here (like internets etc).. although we all know this stock may be trading back into 20x-30x or higher but no one has answers on timing-it-right questions even in terms of halfyear timeframes not to mention weeks/months so whats the use of your heroic commitment - fear of first 1-2 uptrend points missing or you're in love with the co/management?? this question is of real interest for me, regards, thanks
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