Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.190

+1.6%

Jan 21 3:51 PM EST

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To: kenneth kountz who wrote (11008)	5/27/1998 12:07:00 PM
From: Trey McAtee	Read Replies (6) of 21342

kenneth-- i'll tell you...i find it difficult to understand why something that looks great at 20 a share looks bad at 10 a share. what changed? notheing other than the stock price. WSTL is higly irrational and irrationality has the nasty habit of swinging both ways. in other words, todays loser is tomorrows winner. as for CSCO, this could push LU into buying WSTL. as for the takeover value...30/share is the low end. THAT is what the company is worth. i will not sell for less. remember this stock went from around 8 to the mid 20s in two months last year. it will likely so the same thing this year. one more thing, and you should focus on this and this alone...the stock is down not because of what CSCO has done, or because someone knows more than we do. its down because everything is down. the general perception in the market right now is that tech is not the place to be. when the market thinks like this, you should be buying as much as you can. good luck to all, trey

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