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

To: Michael F. Donadio who wrote (19418)	7/15/2000 8:14:01 PM
From: Anthony Tsai	Read Replies (3) \| Respond to of 21342

"I am also expecting another price surge with EFNT coming in with numbers, and if all goes well there expect WSTL to move up in simpathy of EFNT's numbers." Doh! To whoever posted this on the yahoo thread, it's my own opinion that EFNT will move up in symphathy cause of WSTL's numbers, not the other way around. WSTL will be the one to report positive earnings next week, and this in return will rally the entire DSL sector. Another thing I'd like to add is that EFNT had its IPO mid last year, the time period where IPO's got tremendous hype. Almost all high tech IPO's resulted in extremely generous valuations, EFNT being one of them. WSTL went public many years ago. High tech IPO's didn't receive the tremendous valuations as they did when EFNT came out. If WSTL went public around the same time when EFNT did, I would say WSTL stock would be worth 2 or 3 times more than it is now. More people paid attention to those high tech IPO's last year. Cause of this, I'd say more people are more familar with EFNT than with WSTL, and that's why EFNT has a higher valuation multiple than WSTL. One unfair thing that is probably going to occur is that when WSTL reports POSITIVE earnings next week, EFNT is going to go up a lot more than WSTL cause people are going to say that if WSTL can make money, EFNT will be able to. EFNT had better timing with its IPO and cause of it, it has the higher valuation. WSTL should be the one with the higher valuation multiple cause it is THE ONE that is making money. Enjoy, Anthony