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


To: Johnathan C. Doe who wrote (7339)10/28/1997 12:18:00 AM
From: michael piegza  Read Replies (1) | Respond to of 21342
 
Johnathan,

Single digits? Could happen since this is a story stock. Wonder
if it got that low if the Amati deal would get undone? After today
anything is possible.

When you say 60% are you saying from today's close? My greatest fear is that we go into a market that is blue chip only, and anything with 4 letters in its symbol gets thrown out no matter the story.
That is what happened in the spring of 1997 to Westell and a lot of the NASDAQ stocks.

Regards,



To: Johnathan C. Doe who wrote (7339)10/28/1997 1:30:00 AM
From: Trey McAtee  Read Replies (2) | Respond to of 21342
 
johnathan-

but thats just absurd. there isnt any reason for it. tax selling? come on. besides, and this is the thing that NO ONE seems to understand, the company already has the contracts it needs to support a price of at least 25.

dow off another 14%? it may happen, but it would be stupid, and it would affect the economy. further significant decline will impact consumers. sounds like you've just written a prescription for a recession.

good luck to all,
trey