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


To: Michael F. Donadio who wrote (19814)8/3/2000 10:12:16 AM
From: P. Ramamoorthy  Read Replies (1) | Respond to of 21342
 
Michael,
Re.:"...Lots of buying opportunities in the market today..."

Agreed. Ram



To: Michael F. Donadio who wrote (19814)8/3/2000 6:49:36 PM
From: Sir Auric Goldfinger  Read Replies (1) | Respond to of 21342
 
Not when you tape a $20 bill to every modem you ship. everybody now knows AMZN can't "make it up in volume" Guess what? Neither can WSTL!

"Cash Flow Wisdom -- OR

Should we borrow & spend to invest in our business when customers demand is gobbling up our products faster than we can make them"

Absaefflinglootly ludicrous!



To: Michael F. Donadio who wrote (19814)8/4/2000 12:32:22 AM
From: P314159d  Respond to of 21342
 
Todays trade is just the show of "lack of faith" you want.

9m shares and no bounce. Selling climax? we'll see tomorrow if it gaps up.

Lack of faith is what the investors are doing because lack of faith is what the insiders showed only days ago. They got it right, ya know.
There was no lack of faith in EFNT trade today, but that CEO stepped up and saved her stock, probably got right on the horn to CFSB for the quick response. WSTL CEO and COO did squat at first, then

i am seeing that the company finally made a statement after the close, maybe it helps. Maybe the analysts jump right on tomorrow and help CYA. (and mine, since I am long here and NOT short)

Don't talk to me about faith, i got one lousy indicator to work with for my stupid trades today. the 7 day RSI below 30 has produced 6 straight trade wins on WSTL. Going for lucky 7s. 7 days down, 7 for 7 on the RSI7.

the cash problem is real if the company has to slow its deliveries as this analyst is suggesting. They will have to come to market at the wrong time (when the market says stock sucks) and not the right time (when it says stock is great).

>>WSTL is using their cash and credit to support growth --- not to have parties.

I guessed you missed the one, today. <g>