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Technology Stocks : Westell WSTL

WSTL 6.140

-0.5%

2:25 PM EST

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To: Trey McAtee who wrote (14089)	11/18/1998 6:52:00 PM
From: Dug	Read Replies (1) of 21342

Trey, we should know more after options expire. Broke the 13 week ma, set a double bottom, messed w/ the 50 dma & ect. I thought TI was coming out w/ vdsl & adsl PR this week. Nada yet & lack of news from Wstl is starting to paint the picture here. Even if Ti can produce chips I don't think it would help Wstl much. CQP news this week was enough for me. Ill give it next week & if nada will conclude that this company is not meeting my expectations... IMHO no one in their right mind would invest in a company that can't produce results & Ive only read one from Wstl this year. Thats the cap/dmt dslam. The possible other would have been Lu news. Maybe the verdict is still out in regards to Lu as I thought Wstl & Lu would announce something else by years end. Im still planing on June but if something very positive doesn't happen by then, its sell @ market. Dug

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