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Technology Stocks : Westell WSTL
WSTL 5.860-4.6%1:35 PM EST
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To: Skiawal who wrote (13726)10/27/1998 10:21:00 AM
From: mike cobble  Read Replies (1) of 21342
 
Skiawal, Yes I started unloading 1/2 of my position, something I talked myself out of at 13 and then at 8 and have regretted both decisions. Finally had the gusto this time as I don't see this stock moving unless hype reenters or rumors of buyouts emerge on the street at which point high volume will reenter with increasing price and I may reenter short term only. As with last Q's CC, nothing impressive and looks like profits are into 99-00. I was still thinking that the BA talk would boost this company, but we've got a mud puppy. Good luck (my positions were in the high teens and low to mid 20's after many analysts were pounding the table this was a $30 stock). Another good learning experience, talk is cheap, buy quality. I firmly believe in ADSL, but waiting for a turnaround in sentiment.
Mike
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