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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?

To: P314159d who wrote (16598)	7/8/1999 11:07:00 AM
From: Leroyt	Read Replies (2) \| Respond to of 21342

We're back up to 8-1/4. Any thoughts on a possible breakout? Trading looking good right now. later, leroyt

To: P314159d who wrote (16598)	7/8/1999 8:03:00 PM
From: dave turliku	Read Replies (2) \| Respond to of 21342

Well, I must admit, I sold into this. I should be embarrassed given my tenure on this stock, but my nerves caved. Figured I could trade it for a dollar range in and around 8 1/4 to 7.5. Unloaded 75% of my position, and am now at the number of shares I was at in '97. You see, I had taken on unreasonable risk to cover my brutal entry point in the twenties, and WSTL had become an overly risky percentage of my total portfolio - like 25% - scary, given the volatility etc. Still have position and looking for some sort of retrace to get those shares back under $8.00. Three strategies - 1) wait for that opportunity, or 2) if I smell a RTHM, COVD, XDSL breakout , throw caution to the wind and put the chips on WSTL for a big roll or two, and 3) sit tight with my position. Comments ? Don't want to put you in the position of advise - just a technical perspective on probabilities... BTW IQC down... any other chrting tools any good with RSI and B Bands ? Regards, Dave