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Technology Stocks : Westell WSTL
WSTL 6.130+8.7%3:52 PM EST
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To: Vladimir Zelener who wrote (12652)8/14/1998 3:05:00 AM
From: Johnathan C. Doe  Read Replies (1) of 21342
 
You have to use the price each stock was at when the correction began, not their top. Westell was around 11; now it is about 55% down, just like many of the others. ADTN and PAIR are less speculative issues since they are earning money. Haven't looked at ORCTF's earnings for a long time; I'll have to look at that one. Any of the one's that are not making a profit, if they are not going to gel anytime soon, they get dumped out. When the correction ends, speculative money starts to return. Right now; it is all in the internet stocks and has been for most of the year. They are an exception and the reason is that they are supposed to be independent to the reason for the correction; Asia and Japan.
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