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


To: Sir Auric Goldfinger who wrote (19337)7/10/2000 7:16:24 PM
From: Logain Ablar  Read Replies (1) | Respond to of 21342
 
Auric:

They have never made money. We don't have to look to closely on the P&L to see that. The question will be are they now selling enough product with the right margin mix to make profits going forward. I beleive they are or they would not have been able to remove the floorless. In any event it will be interesting to see what the P&L and BS look like this quarter.

I missed the bottom @ 13. Didn't mean to imply I entered @ $13, just that technically it appeared to set a bottom at that point. I was fortunate to catch it just below $15 on the pullback from the bounce. I will probably add to my position on the next pullback.

As for DSL being a commodity standard this may well be but WSTL has a favorable arrangement with TXN on obtaining the chips used in the modems.

I don't short but wish you well in your trading / investing. We are on different sides at the momment on this one. I would think the chart looks too good to be on the short side of this one.

Thanks again.

Tim