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

To: P314159d who wrote (19398)	7/14/2000 8:27:43 AM
From: Skiawal	Read Replies (3) \| Respond to of 21342

<Up to 26 is on deck, but 29 is a tough take out this move. 35 to 40 is probably after a retrace. Shorting will work but for far less this time> So how much of a retrace are you thinking this go around? Last time was 90%...EXTREME (10 up to 40 down to 13)

To: P314159d who wrote (19398)	7/14/2000 12:04:11 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 21342

P: Not so much for advice but to try and see what his reasons are for shorting it. I only invest on the long side and readily admit I can miss out on some of the negatives. Besides TA I like to have a fundamental understanding of the company as best I can. I've dismissed his points, not because they are not valid, they are but all the points were 6 months ago. I think they are negated by the elimination of the floorless (improves the Balance Sheet more than one expects), the announced capacity issues (always good issues to have as long as you can fix them b/4 your customers move elsewhere) meaning revenues are ramping nicely (this is opposite to his sales and margin concerns). I think the market's health negates the valuation issue. The market will pay for forward significant gains in revenue and earnings. Jury is still out till we see confirmation in the #'s. He responded and if his points are the main reasons for shorting then I'm comfortable with my investment. He & I can disagree on this stock for now. Thats what makes the market. I've learned from him and hopefully he sees where I'm coming from. Tim