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


To: kolo55 who wrote (19437)7/16/2000 10:57:34 AM
From: james frasier  Respond to of 21342
 
this is one interesting board. many seemingly well informed longs vs. one crafty short who apparently has been correct in the past. it would seem the winner will be determined this week when the truth about margins is revealed. if there are margin problems Auric will be a happy short. if margins improve, as the company guided at last earnings, the stock could much higher. as a buyer under 15 2 weeks ago, the prudent play seemed to be to take half of my position off the table friday at 25. never bad to take profits as the old saying goes, and since my gut feeling is that the stock is headed much higher over the intermediate term, i still get to participate, and hopefully look for a re-entry point for the balance of my position after thursday sometime.