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Technology Stocks : Westell WSTL
WSTL 6.070+2.9%Jan 6 3:12 PM EST
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To: kenneth kountz who wrote (15474)3/19/1999 7:43:00 PM
From: Mister5By5  Read Replies (1) of 21342
 
"And who else but MZ would know about his vacation start? Of course it could be MZ's secretary, or an immediate subordinate."

Kenneth,

The same thing has crossed my mind recently. Dr. Tech is right more often than not - so he/she is obviously close to the scene. However, the stock seems to be punished each time she/he posts. Wall Street probably does consider this a Mickey Mouse stock with all these strange going ons.

The whole stock has a unprofessional stench about it. Going down in an up market - going down at a time of ADSL deployment. Dying while AWRE is soaring. The Yahoo board is a pigsty, and the lack of insider buying even at $3 and $4 is strange indeed. The only classy thing about WSTL is this SI board.

Why hold the stock? I think the products and technology are sound. I think that a $90 million telecomm company trading with a market cap of about $150 million is probably undervalued when you consider that this is a growth industry, if there ever was one. I think even a tiny taste of the soon to come ADSL frenzy should take us to $8 or $9. For this reason, I continue to average down, buying more today at 4 3/16.

I don't have illusions about $20 anymore, but I think a 50-100% bounce is almost a certainty.

But its obvious that whoever he/she/it is, Dr. Tech hasn't done us any good.
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