Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.130

+8.7%

Nov 26 3:52 PM EST

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To: bill c. who wrote (12649)	8/13/1998 10:39:00 PM
From: Johnathan C. Doe	Read Replies (1) of 21342

I think the current collapse in WSTL has much more to do with the collapse of most all non-internet tech stocks than anything going on in the company. This reminds me of the months long killing of tech stocks in the first 4 months of 1997; the drop was long and relentless. Then all of a sudden, it was over and most stuff bounced back 100% from their lows. Many hit lows in the middle of that drop. Westell was one that had already started recovering with bargin hunting by April of 1997. I think we are at a bottom with WSTL now and I think we will see some recovery from here on out. Tax selling might make it till middle of Dec. before a full recovery kicks in.

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