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

To: Michael F. Donadio who wrote (19009)	5/31/2000 11:34:00 AM
From: pham	Respond to of 21342

I thought that was a 5 yrs Warrants.

To: Michael F. Donadio who wrote (19009)	5/31/2000 4:08:00 PM
From: John Curtis	Read Replies (1) \| Respond to of 21342

Michael: I've been out of the office most of today, so am only just now getting a look-see at WSTL and its performance. Hmmmm....I see it fell back ~1 pt. Not unexpected given the run from ~$13.5 to ~$18 that's occurred in well under a weeks time. That's a profit taking percentage not to be snuffled at by those who trade for a living. This also gives such as Castle(if they're still playing this equity) a chance to resurrect their tactics. Tactics which only work best when volume is low and thus, "manageable." Heh! As for the warrants....I don't think they expire any time soon. And as long as they sit there in Castles, et.al.'s, coffers they always act as potential ammunition for their "traditional" hedge fund gambits. Bottom line? Possible profit taking today. Tomorrow should prove an interesting read on the intermediate direction WSTL's equity may take. So here's to tomorrow, eh? ;-) John~