Market Gems:Stocks w/Strong Earnings and High Tech. Rank Message Board

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Strategies & Market Trends : Market Gems:Stocks w/Strong Earnings and High Tech. Rank

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To: Jenna who wrote (21061)	1/2/1999 6:54:00 AM
From: Paul Motter	Read Replies (2) of 120523

Westell (Nasdaq: WSTL) certainly fits the profile of beaten down market gems. Its stock price popped at end of day Thursday in sympathy with Bell Atlantic's announcement of Airtouch takeover. Westell is a major DSL supplier to BEL and Lucent. Their stock is down from a high near 40 to near all-time low of 4 7/8. Inter@ctive Investor called them one of the best places to put money in 1999 just a few days ago, citing the fact that the company has been all but ignored in 1998 and that DSL service by Bell Atlantic is about to get a huge push in major markets NYC, Boston, Wash DC, Baltimore, etc. WSTL received an upgrade from analyst last week to buy.

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