Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.000

-3.1%

Jan 16 2:47 PM EST

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To: Trey McAtee who wrote (15373)	3/9/1999 10:39:00 PM
From: Dave Krishna	Read Replies (2) of 21342

Trey, >>absent of more negative news, we are about to go up. start buying calls, may 5s should be good.<< Why is this stock about to go up ? Do you mean a technical bounce? The only way I see WSTL moving up now is if they announce a completely new business model, such as an e-commerce web site, Westell.com. Then again, the market would just assume Westell would fail at e-commerce just as they blew it on dsl. What are your thoughts ? This stock just bleeds you to death a 1/16th at a time. The only positive note, which I find hard to understand, is that IBD still has Westell ranked an "A" for accumulation. The stock has tanked from 9 to 4 11/16, and IBD still gives it the highest rank for accumulation. regards, Dave

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