Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.020

+0.3%

Nov 28 9:30 AM EST

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To: Skiawal who wrote (12618)	8/13/1998 12:27:00 AM
From: Gall	Read Replies (1) of 21342

If you are still holding WSTL, then it is too late to scream at this price level. There is not much to loose and recover at this level. You just have to sit tight and blame yourself that you have been too smart to realize importance of ADSL so early( before the street will appreciate it). TXN did the same mistake last year then paid too much for AMTX. Today they could get it for 1/10 of the price along with our sucker WSTL. Actually nobody ever expect, that WSTL would ever drop to $5 level just before ADSL deployment. I remember somebody was so bluish that was buying $15 Sep calls. The worst scenario was that WSTL would stay in $10 range (now it looks like a relief). Something is fishy here. Or something is wrong with announced WSTL contracts or MM is trying to wash out small investors. I could not explain why AMTX was valued at $20 last year, but WSTL is valued today at $5 with all contracts in a pocket. I don't know what is going to move this stock, if 7mil BEL's lines in 98/99 year is not enough for the Street. Gall.

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