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

To: P314159d who wrote (18988)	5/28/2000 7:47:00 AM
From: Michael F. Donadio	Read Replies (1) \| Respond to of 21342

<<When they show good numbers next qtr and people turn a deaf ear at it, they can blame it all on the market.>> Pi, could you explain that a little more thoroughly. I don't understand why you feel that people will turn 'a deaf ear' at good numbers next quarter? What is WSTL doing wrong? Thanks, Michael

To: P314159d who wrote (18988)	5/28/2000 10:58:00 AM
From: John Curtis	Read Replies (2) \| Respond to of 21342

P: You make some interesting points, although based on watching Friday up close and personal I can't say I agree with them completely. Or maybe it's just that, like some others here, I've seen Castles machinations before and so am inclined to think that a certain(perhaps major) percentage of that +4 Million shares transacted(and this the day before a major holiday week-end, and on zero news) wasn't related to market forces only. Just call me Mr. Paranoid. ;-) One thing IS certain right now...market-wide. FUD is running real wide and deep. The exact inversion of Greenspans irrational exhuberance of recent months. As such it's reasonable that since stocks got thrust through all sorts of rational valuation ceilings on their way to the stratosphere, so too now they're crashing through sub-basements on their way to what I consider way over-sold conditions. And since they're well underway in that particular aspect of the 'ol market pendulum...well..for such as WSTL I feel the downside is strictly limited from here, so I've stepped up for both a long term core, and an interim trading buy as well. Uhhh...and this presupposes that tech, particularly telecom tech, ain't about to fall out of favor a la the past few years bio-tech style. And now to go frolic in the sun-light. Happy Memorial week-end everyone! John~