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


To: michael piegza who wrote (7342)10/28/1997 5:28:00 AM
From: Johnathan C. Doe  Respond to of 21342
 
Story stocks are often the first to be taken out and shot in a market collapse. Westell has the Amati purchase hanging over it. Look at what happened to ANET when it bought Sourcecom. ADSL will be rolled out very slowly. Contracts are contracts, but if the market doesn't think the money is in the pocket by the start of the next quarter, they might well shoot this stock and kill it to single digits. Will it be a buy then, I would certainly think so. We don't have much farther to go to hit the single digits. I wouldn't be surprised to see everything open down several more points and that will just be to kick things off.