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Technology Stocks : Westell WSTL
WSTL 5.760+0.2%Dec 31 3:47 PM EST
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To: Dug who wrote (13842)11/4/1998 12:43:00 AM
From: Dave Krishna  Read Replies (1) of 21342
 
Dug,

Hi, How's everything going ? Westell is actually showing some life
the past 2 days. It is nice to see volume for a change. The other day when it only traded 25,000 or so shares, I started getting interested again. Perhaps all the sellers have dried up and now we can start to climb out of this grave. As bad as this stock has been this year, all it will take is 1 positive news release. Management has not been able to provide anything positive this year. Perhaps with this latest ADSL revival, something positive can come out of this company... like a real long term contract.

Anyway, I like the volume back in the stock and will continue to watch. Call me a fool, but I picked up some more. AWRE and PAIR have both rebounded and it all started with a volume dry up and then increase with price increase. Hope management can come through at least once this year.

Regards,

Dave
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