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


To: John Curtis who wrote (20805)10/12/2000 8:05:12 PM
From: Mark[ox5]  Read Replies (2) | Respond to of 21342
 
You strike me as an intelligent fellow.

Well I have one of you fooled at least! Muhahahaha.

You;d be defensive too if you posted a link that someone on the board asked for and you get 4-5 replies asking "why did you do that, your trying to dredge up old news..you...you... meanie!"



To: John Curtis who wrote (20805)10/13/2000 12:10:20 AM
From: SpecialK  Read Replies (1) | Respond to of 21342
 
Mark, John, Add,

I have heard many a positive thing about WSTL in the last 6 months, from people I know and are invested in it. When they suggested the revenue increase this year to 380M+, I said that seems just too cheap to pass up. I joined in the stock. This was in the mid-20s. Their results came and the stock was spanked way down. I went from huge profits to huge losses in about 5 days. 28 to 13. When it rallied a bit to 15-19, I shed a bit at a loss, then the rest. Time went by and the stock rallied on the next Qs great results, then BAM 30 down to what 10 now. During some of these times, I also followed but didn't invest in EFNT, CMTN, PDYN (thank god), GSPN, etc. At times, I felt I made the mistake and should have invested in EFNT or CMTN. This seemed cheaper. I see the new earnings estimate on EFNT, even the positive pre-announcement from VRTA.

I just need to say the greatest company in the world will not be the best stock to own if the stock doesn't act predictable (+) or have an uptrend. This stock at 15-16 was giving all the indications of heading to 10, many of us choose to ignore the obvious. That said, at these levels, we could double in the next year, if willing to hold at least that long.



To: John Curtis who wrote (20805)10/13/2000 8:52:25 AM
From: max power  Respond to of 21342
 
any thoughts on what happens today? I would guess the down trend continues as there is no buying interest in wstl. the last hour today could be very ugly for naz as no one will want to hold anything over the weekend.....