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

To: John Chapman who wrote (19739)	7/28/2000 11:32:19 AM
From: John Curtis	Respond to of 21342

The market is hammering it down in a manner identical to the last couple of trading sessions. This is just the way it is, what with the NAZ being down ~150 pts and the market "herd," rumbling around nervously. It's acting damn near identically to the last time it slid below 3800. So over the short haul the slide continues, and WSTL's upside prospects appear...uh...constrained. Longer term, however, I feel WSTL's fundamentals are excellent. You just have to view this slide in the same fashion as the ~$20 to $14 slide. A "managed" affair supporting the needs of the powers that be, aided and abetted by general market conditions. At least, from my observation of trading the characteristics look almost identical to that aforementioned slide to $14. In other words, you're being presented with a sweeet opportunity, if you've the funds to begin taking advantage of it. IMHO, of course! ;-) Highlow