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Technology Stocks : Westell WSTL
WSTL 6.190+1.6%Jan 21 3:51 PM EST

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To: Trey McAtee who wrote (11015)5/27/1998 12:33:00 PM
From: kenneth kountz  Read Replies (2) of 21342
 
Trey:
Thanks for your reply. I think you, Dr. Tech, and others on this board are very informative. However, with all due respect, on any day WSTL is "worth" only as much as someone is willing to pay for it. Today, that "worth" is only about $9+/share. If an outside company would make a bid for WSTL today, they might offer a premium of up to perhaps 50% of the current stock price, but a factor of 3?, i.e. to 30/share seems highly unlikely. If the stock were in the 20's then a takeover offer at 30/share may be possible. If this stock starts to move upward, look for some trades at the 15/share level; that will be me moving out of this heart attack provoking turkey. I'm tired of gambling with hard earned money.
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