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

To: Michael F. Donadio who wrote (18986)	5/28/2000 12:28:00 AM
From: P314159d	Read Replies (2) \| Respond to of 21342

Even though I sold recently, i hope the little double bottom on the 5 minute chart is valid and we go no lower. I hope to be way wrong short term. I am not on the long term since I still feel it hits the 40s and beyond. But given the current rojection, you are correct that WSTL is in the right spot. At some 100 times expected earnings. (fully taxed earnings are about 14 cents) You mention MZ as upbeat now? Why not, when has he not. He's satisfied with a measly 21 cents. Look if they are going after the competition they won't get close with 160m sales in CPE. By WSTL fiscal year-end, the modem sales figure should eclipse 5m worlwide and WSTL will remain around 3% with their prediction. Something is way wrong with that. If they expect to blow away the street projections they should be more aggressive to support the stock. If they know margins are low they should let the analysts know ahead so no surprises. But mgmt seems satisfied with all this. It is easy to blame it all on the market. When they show good numbers next qtr and people turn a deaf ear at it, they can blame it all on the market. Yes they can, but they didn't have to.