Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 5.590

-2.3%

Nov 10 3:59 PM EST

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To: Marc T. Archer who wrote (15687)	4/10/1999 11:42:00 AM
From: Dug	Read Replies (2) of 21342

Hi Marc, all Still hanging but w/o a position here so think its best I limit my postings among other reasons. I have turned bearish on this stock due to numerous variables which most here are familiar with & one being that I can't get 56k from Gte yet & the second phone line I just had installed dropped my connection speed. Both lines are generating a little noise. Still guess there is another pop left w/ Wstl & can't tell if it rises or falls a little before & should rise a little after financing becomes public. How far out is the question & Sec filings should be checked every day now through year end if needed. Should fall hard very shortly afterwards. Guessing it will rise a little given the break out but the shorts will finish this one if Wstl makes the wrong deal & I suspect that some of the recent volume are shares that will be heavily shorted below $5 which puts some focus on the $1 book. Maybe $11 strike but 7.5 needs taken out & held first. Probably not a problem if your inclined to stay long 2 more years. The way I see it is that things have changed w/ Wstl while chasing a bottom. Was going to play this recent pop but thought it best to start seriously considering others w/ better fundamentals. Fwiw, I missed this one too, HPH not that the fundamentals are any better & won't play it now, you know me, I only chase them down :} iqc.com A very nice break out but the belt holds are tooo close together for a long term run unless it does the Awre thing, which is always possible. Will be interesting next week & the fact that Im now out maybe be your best indicator :} All is pure guesswork & I hope Im very wrong. Good Luck & Best Regards, Dug P.S. Mike D, Ala should work out well for you & Ill use it a little to critique other stocks.

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