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

To: Rich Wolf who wrote (20303)	9/9/2000 6:38:21 AM
From: Michael F. Donadio	Respond to of 21342

Rich, I just have to concur with your analysis which makes a lot of sense and what I've been perceiving as well. The unfortunate thing is that it makes for a very volatile and unstable market which just keeps conservative investors on the sidelines while the shorts and the manipulators push, pull, dump, and grab in reckless abandon. I assume this type of manipulation will eventually help WSTL to reach higher highs as earnings propel it, but it will take a long while before anyone will have confidence in WSTL while it is subject to such YO-YO gyrations. Of course, the same is occurring on many other DSL stocks as well where volatility seems to be the most consistent feature. All the best, Michael P.S. Ski, our nightmares seem to be coming true. We waited a long time for WSTL to reach this level of performance, only to see the market change the playing field. In earlier markets WSTL would already be a star. Heck, back in '96 it zoomed on nothing more than hype, and now tangible reality doesn't seem to be enough to take it out of the basement.