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

To: dave turliku who wrote (18465)	4/6/2000 12:56:00 AM
From: P314159d	Read Replies (2) \| Respond to of 21342

>>WSTL was simple at $30+. Short that is This is the only true statement made. And it was simple not from anything I know about the business or GPM on DSL, but from the simple "short Term" double top at 30. I stated a run to 21 off of that would happen and it did and the mkt added some panic and we saw 17. Now if it was a short term top, we don't see 17 breakdown, we probably don't see the 20 to 21 area breached. And we see higher numbers near 30 in the month he speaks of it crumbling as it rebuilds a new base for the launch to mid 50s to 60. Now if it breaks that, it helps to know what the true GPM will be. And the Revenues as well. Maybe the newest customers. Maybe if a 200m company can suddenly be 300, 400 etc. These are factors that drive multiples and the P/S multiple of WSTL circa 2001 is grossly underweight! Last time I looked at the sector I was chagrined at trying to find a true "growth crude oil" company. (though I heard some Saddam IPO coming due maybe from sir Auric's hedgefund) It is possible that all will get cheaper in the next month (NAZ 3K) and that allows a short to play some more. BUt come June, he the short better be gone or toasted. Bought today and love to add around the low 20s, I know I have too much, but a while back I gave a lot back, had to pick that back and go a little deeper. Next time let's talk of something that might be cheery, Dave. In a month an earnings report and battery of PR.