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Technology Stocks : Westell WSTL
WSTL 6.000-3.1%Jan 16 9:30 AM EST
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To: Michael F. Donadio who wrote (13513)10/8/1998 2:00:00 AM
From: Johnathan C. Doe  Read Replies (1) of 21342
 
ADSL stocks have always gotten killed in major bear downturns in the techs. The thing to watch for is when it turns and then they rocket back up like in '97. I wouldn't be surprised to see WSTL return to 8 or 9 as ADSL heats up and the tech bear ends. The question for me is; if CSCO and LU keep falling along with many other good ones like NT; maybe those are the best plays for the long term. You might see double or triple you money faster in WSTL at 3, but it will lag the top tier companys as the index funds will move in again first.
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