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Technology Stocks : Westell WSTL
WSTL 6.030-2.7%Jan 9 9:30 AM EST

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To: KHS who wrote (15477)3/20/1999 11:51:00 PM
From: P314159d  Read Replies (1) of 21342
 
>> Downside is $4,

, I remember some vastly superior comments that 10 was the downside last summer.

Ok I buy your support idea of $4, but the book is near $1 in a world where the unfortunate (i.e., losers) are priced at 1-1.5 book. Recent ROE was near -80%, happily approaching -40% due to the layoff.
Profit prospects are nil with the ADSL products they plan to ship and that is an improvement, but not enough to stop the bleeding.

This is a car way low on oil and the downside is not that it just needs a change, its that it has an engine that will seize, my friend.

Don't get me wrong...I am all for your rally, just take your profits...you'll be one of the few.
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