Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.190

+1.5%

3:47 PM EST

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To: Trey McAtee who wrote (15563)	3/30/1999 2:25:00 PM
From: Mister5By5	Read Replies (2) of 21342

I want to be optimistic in the face of all this doom and gloom. Look at the WSTL stock price (tabular format) for October and November 1998. chart.yahoo.com Volume dried up in early October (just like now). Stock trickled down into the 3's (even the 2's) just like now. On November 4 the big buyers came in and the stock briefly crossed 8 on November 11. I might be an idiot (very possible) but I am going to continue to load up if this stock continues to drop. The on-balance volume charts tell me there hasn't really been a sell off. The big buyers are still holding. If they sell off, we're doomed. Until then, I think a strong rebound is coming. Buying at 3 or 4 and selling at 7 or 8 sounds good to me. Remember, we have been drifting down on low volume. The day we are down 1/2 on 2 million shares is the day to fear losing everything. Not now. This stock is a bargain under $4.

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