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


To: Michael Perez who wrote (19302)7/9/2000 8:55:22 PM
From: P314159d  Respond to of 21342
 
ADCT is a great growth story.

Answer to one question.

ADCT still looks short term toppy but a market move higher can give it a new high with some divergences. It needs a pause but doesn't have to have one. I have traded it well in the past two yrs and just currently out of it. After consolidation at these levels, I like TLAB better in the networkers. I like JNPR to break out but not sure if can right here, I got back in at 138 for VERY short term trade.

WSTL a buy for ADCT? Among others- yes.

I don't see a buyout favoring this stock until a year or two out. Give me a PM, if you wanna know why I say that.

Question two answered.

Now the notion of WestHELL. I am not sure what can erase that from your mind. WESTHELL of yesteryear did nothing but act like a bear market stock since '96-97. Since last year it based and had a huge blowoff move. When it traded in a range with downside everyone said "WestHell"when it was basing 4 to 11. A base with that range has huge implications on LT charts, namely a triple or so.

Done and it corrected. Now within a few meager weeks it'll retrace backup , pause and expand to new highs. Getting mired in mud is hell.

This stock won't stay stuck wherever it trades.

On Westhell trading at 200 after 3 splits? You must mean 1:4s? <g>
See ya at next trading range.