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


To: Michael F. Donadio who wrote (19198)6/28/2000 9:09:00 PM
From: Anthony Tsai  Respond to of 21342
 
One thing that may attribute this recent decline in WSTL's stock price is that Friday is the end of the quarter. I would presume that mutual fund managers that don't like WSTL anymore will dump all their shares before quarter end.

Maybe those fund managers who bought at $30+ and are just tired of waiting for something to happen to WestHELL. Window dressing is part of the game every quarter.

Enjoy,
Anthony



To: Michael F. Donadio who wrote (19198)6/28/2000 10:54:00 PM
From: R. Murphey  Read Replies (1) | Respond to of 21342
 
Michael, Re: Post# 19198 & Altman "Z" score...

Although I also lean towards the manipulation theory, and have followed your posts for quite some time, this recent re-posting (obviously one I missed) has me a little confused, so bear with me.

I do not know the source of your figures/calculations for the "Z" score, or how the "Health Grade" of "F" relates, or for that matter, if they refer to the same analytical schema. Nevertheless, my understanding from Altman's book "Corporate Financial Distress and Bankruptcy", 2nd ed., is a "Z" score greater than +3.0 is relatively sound. Thus, a score of +18.66 would be a very good thing.

To make sure there wasn't a +/- typo, I took the financial figures, and plugged them into my "Z" score formula to confirm whether the number was positive. ...and it was. So, even though a single "Z" score cannot be used to assess trends, the one presented seems very positive.

Now, my questions, 1) How is the "Health Grade" related to the "Z" score?; and 2) Why do you sound so negative over a very positive "Z" score?

From one who is learning every day, and painfully long on WSTL.

Best regards,
Bob



To: Michael F. Donadio who wrote (19198)6/29/2000 10:23:00 AM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 21342
 
Michala, getting short is NOT manipulation. I cannot believe how you whinning mental midgets carp about someone posting their views about the short side. It has been a one way, "any chimp could make money by hitting the buy key" market.

So AG comes along and points out the old ladies that need to be rolled and you get hurt cause you don't know what the eff you own. Well too friggen bad. 99% of all posts on SI, YHOO and RB are long touts lathering each other up and you cry because I expose some 3rd tier POS that is vastly overvalued and could not execute it's way out of a paper bag.

Well pound sand dude, cause that's the way it is: You buy a POS and you're wrong and you don't own up to, you're gonna shrivel up and die. Got it? Gooooooood.