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Strategies & Market Trends : TATRADER GIZZARD STUDY--Stocks 12.00 or Less..... -- Ignore unavailable to you. Want to Upgrade?


To: majormember who wrote (10545)7/29/1999 6:49:00 PM
From: PHarris  Read Replies (1) | Respond to of 59879
 
WSTL....will it break through 9 1/2 in the morn?

From Hambrecht & Quist

"Westell Technologies (WSTL) BUY $8.00 FY00 E: (0.24) FY01 E: 0.03
Reginal King 415-439-3419 rking@hamquist.com

New Catalyst Poised to Ignite Westell's xDSL Business: Reiterate BUY

Yesterday, Bell Atlantic announced that it is planning to double the rate of deployment of its Infospeed DSL services throughout the remainder of '99 and into 2000. We believe that Westell is ideally positioned to benefit from this accelerated deployment due to its renewed five-year contract with Bell Atlantic for ADSL equipment. We feel that this accelerated roll-out could clearly expand upside opportunities for WSTL's DMT based ADSL business over the coming quarters. We reiterate our BUY rati ng and $16 price target for Westell Technologies."

WSTl reached 9 1/2 a couple of weeks ago only to tank to 7 before this run started a couple of days ago. It looks to me that it will break 9 1/2 but what do I know.....



To: majormember who wrote (10545)7/29/1999 7:59:00 PM
From: TATRADER  Read Replies (1) | Respond to of 59879
 
Relax and forget about the market Steve...I am not taking my lap top on vacation, but watch, I'll probably sneak into the Sturgeon Bay Library to see what everyone is up too..I am not at my home computer now, but if I recall KNT got hit by one of my scans..It was a 1,2,3,4, either two lower lows and an inside day or 3 lower lows..I will watch for continuation from today's high before I consider entry..Also, I told you to keep an eye on MTIC and MCOM..They are still on my watch list..Under normal market conditions MCOM should reverse in the 25.00 area, but if we get a good crash, may be able to pick it up much cheaper...Wife wants MCOM in her IRA, so she will be hunting for it...Tim Luke has his takeover love with KNT, mine remains with TIE and PAGE...Hope we both win the battle...