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


To: Michael F. Donadio who wrote (20458)9/19/2000 3:39:26 PM
From: Leroyt  Respond to of 21342
 
Looks like someone just jumped in for a few shares. 14 to 15 in 15 minutes.

Not much be be accumulated at these levels .... but they seem to be trying.

later, leroyt



To: Michael F. Donadio who wrote (20458)9/20/2000 12:26:09 AM
From: P314159d  Read Replies (2) | Respond to of 21342
 
Funny you should mention GSCO, Michael.

This would be good for a number of reasons.

1.) GSCO did the analysis of the TLTN deal and fair valuation (much higher and many DSL revs. ago), They oked the high cost of the merger. I suspected they would not play us until the timing was good for them. That appears to be now, somewhat 6 to 9 mos before the next big investment deal WSTL will do- CPI spinoff. Why not get involved ahead of that? conspiracy theory?
Well, Brings me to number
2.)ASND and LU deal, I remember that one as I was a poster over on ASND in 97 &98 when the stock was languishing and free falling in the low 20s.
Over on that thread , one Gary Korn used to report of the GSCO dealings all the time. Seemed the stock was in their pocket as they accumulated over and over, then issued a buy rating and took it off the floor. Within a year ASND went bye-bye at 90ish. Deals are where the money is at. WSTL is gonna deal in reasonable time frame and the games are played behind the scenes, here and now. IMO
3.) GSCO does like the sector as they have COVD in the buy mode.
I think there is room for some more DSL play going into the final qtr. for next year's list,etc. Especially one with accelerating growth.
I just hope they keep us off the recommend list UNTIL 30.

Sorry I am so greedy. But after all these years, why not?!

Looks like the DMI went into trading range, so look at the way the stock held the Bollinger Band midpoint, and that is good.MACD ready to rock. Have to buy that a bit more.

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