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


To: Leroyt who wrote (20428)9/14/2000 6:25:35 PM
From: Rich Wolf  Read Replies (1) | Respond to of 21342
 
leroyt, our 'Aurical' has a strange spin

my first guess would be a specialist accumulated stock to deliver, and the cost plus fee averaged out to 15'9 for the client, who took possession in a block trade after the close.

and this is supposed to bother us?

all trades have both buyers and sellers ... given the tape action, it is far more likely that the other side of the block trade was a series of small sales to the specialist

not only that, but if a large block 'sale' is to be foreboding, it would be more likely to be below the market ... it is more bullish that there was a buyer who 'paid up' for the stock ...

our friend has a one track mind, and it's SELL

problem is, WSTL is a super BUY at this price

see y'all in the 20's for the CC, never a straight line, but like the guidance provided to the street this week

to borrow a phrase from another, 'enjoy!'



To: Leroyt who wrote (20428)9/14/2000 8:44:07 PM
From: Anthony Tsai  Read Replies (1) | Respond to of 21342
 
The trade is BOTH a buy AND a sell. When someone buys, someone is selling it to him.

Anthony