Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: P. Ramamoorthy who wrote (20377)	9/12/2000 11:02:26 PM
From: Michael F. Donadio	Read Replies (2) \| Respond to of 21342

Ram, It's not that I don't think WSTL's Webshare is significant. I do, but so was their quarterly report and their report on market share. Neither of which seemed to alter WSTL's walk down by the shorts. The shorts abruptly covered, or buying abruptly came in at 1:30 PM. The announcement was this morning and WSTL continued its decline throughout the morning till it had been brought down to 13 by early afternoon. I think there is something else afoot especially considering the escalating decline in Nasdaq through to closing. All the best, Michael