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Technology Stocks : Westell WSTL

WSTL 6.070

-1.6%

Dec 26 9:30 AM EST

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To: DR.TECH who wrote (14317)	12/15/1998 11:51:00 PM
From: P314159d	Read Replies (1) of 21342

>>Inst holding have dropped from 40% to 14%. That happened before the stock first hit 5, not just now. The latest moves had little change in Inst. ownership ( unless they bought and sold within qtr.) Hardly institutional trading, agreed? >>When ADSL news starts to flow it will What news? the great BEL news in OCT? Or the reiterate ( the great rebate policy) that led to the latest "uptick"? >>Financing is nearing My guess is that there may be a few interested parties on this other the Bullish SI hopefuls >>.FTEL/WSTL, BT is going great Great news! So we are talking how many thousands of lines this quarter? And does that correlate with that massive 2000 line trial we heard about this past quarter in press release? or is that the latest WSTL definition of "great" in the ADSL world. I am feeling that some $20 shareholders define great "a might bit different". >>.Finally the PCM analyst, I respect his ADSL brain, I am not sure that it is a good idea to respect the brain of an analyst. His target was $8 (right?) and did he not get it ? If he was your broker and gave you a call to buy at 5 ish for a pop to 8 and maybe gave you an exit 'round 7 and high change... And it went in a flash. you set the targets and then it crashes. Do you complain? No! Unless you held! His call was brilliant for now. Why should compound the problem in a down market with a call for 12 from 4!?! Major laugher I suggest you stay with the inside call and forget the stock call, JMHO. >>AT these prices its a risk/reward joke! Maybe so,if you...have faith ( Virgin Mary Style).

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