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

To: Alan Gutfrucht who wrote (19731)	7/28/2000 1:47:28 AM
From: Czechsinthemail	Read Replies (2) \| Respond to of 21342

Blaming the drop in WSTL shares on insider selling misses the small detail of a major selloff in NASDAQ techs. Check it out. You can smell the fear and taste the negativity on almost any tech thread. WSTL is simply one of many dropping. It has fallen with its customary high volatility. Consider that the stock has recently doubled in price and you can understand that there are many weak sisters wanting to exit at the earliest sign of trouble. So long as the rollout of DSL continues, WSTL's business will do fine and the stock will be back.

To: Alan Gutfrucht who wrote (19731)	7/28/2000 11:11:49 AM
From: John Chapman	Read Replies (1) \| Respond to of 21342

Add Hindman to the list He filed to sell 10,000 on 7/24 and if I read the list right owns 0 insiderscores.com Click on his name to get his last sale and total holdings Zionts 144 to sell 222,500 and owns 10,500 Nelson 144 to sell 100,000 and owns 273,995 I do not know if the holdings numbers are correct and if so what they are based on or what they mean. If the numbers are correct, It is obvious that if the holdings are correct and they are prior to the proposed sales that Hindman and Zionts propose to sell shares not reflected in the totals. Maybe selling options???

To: Alan Gutfrucht who wrote (19731)	7/31/2000 11:14:06 AM
From: Michael F. Donadio	Read Replies (2) \| Respond to of 21342

To all those complaining about insider selling, Capt. Smartjack said it very well and I am reposting it here. I've been a WSTL stockholder longer than most and recognize that there are many reasons for insider selling. MZ you deserve it -- I'm just sorry the market wasn't currently valuing the shares higher. They should be at least $45 and would still be cheap. It's WSTL fundamentals that will be the final determiner of WSTL's stock price, and MZ has been doing a great job of making them strong. messages.yahoo.com Insider Selling by: capt_smartjack (41/M/Naperville, IL) 7/31/00 9:37 am Msg: 17973 of 17992 I have so much I could say about this, and no time to say it. Maybe I will have some time later in the week. I have a few comments for the message board to think about though. Why is it that when a insider sells stock at a high point, or when the company future does not look bright, a class action lawsuit is filed?? It is filed because the insider knew bad times were coming, and bailed out before the "slide down" starts. But, let's look at Westell right now. The company just reported it's first profitable quarter since being public. They blew out last quarter earnings, have revised estimates upwards, and still look to blow out future earnings for the coming quarters. DSL is hot, and orders are coming in so fast it is hard to keep up with them. So the future looks bright, and a few insiders are selling some shares. But the reaction now is, "why would these guys sell shares when the stock has so far to move up"?? So, WHEN do you people think it is okay for them to sell??? The people on this board that are complaining about insider selling will complain no matter when it is done. If an insider sells when the company is at it's highest, they will scream lawsuit. If the insider sells while the company is on it's way up, they scream that they have no faith in their own company. So, I guess a insider can NEVER sell. I would think that, from an SEC standpoint, this would be the SAFEST time for a insider to sell. They are not getting top dollar for their shares, but they can't be accused of bailing out because the company was in trouble. They are selling a few shares when the future looks the brightest. How much safer can you get?? All the best MZ, Michael