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


To: kenneth kountz who wrote (7599)11/13/1997 10:58:00 PM
From: Skiawal  Read Replies (1) | Respond to of 21342
 
Oh There's News around the Corner, News around the Corner, News around the corner for me...dum di dum dum dum dum dum ...



To: kenneth kountz who wrote (7599)11/14/1997 1:17:00 AM
From: pat mudge  Read Replies (3) | Respond to of 21342
 
[Infamy]

<<< Next week contains the 17th which Pat has been focusing on as the day which will go down, hopefully not, in infamy, to paraphrase FDR.>>>

Kenneth --

If I'm to go down in infamy for having said something, please let it not be for drawing attention to Nov. 17. I'm as skeptical as the next when it comes to believing announcements will come out when someone says they will. Dealing with the telcos is difficult and as anyone with even a kilobit of experience knows, they have all the advantage at this stage of the game. "As flies to wanton boys are we to the telcos. . ."

I've followed these companies as along as anyone reading these threads and apart from piddly-punk PR like announcing new board members and telling the world you're using Cadence to streamline costs, I don't believe anyone times news to the market. To the contrary. I think Gary Seamans and Jim Steenbergen are as anxious to announce contracts as we are to have them out. Why on earth would Seamans risk lying to his shareholders by saying he had a contract and then not announce it? He simply wouldn't. So you have to ask why he said what he did. And the only answer that makes sense is that he's not calling the shots.

Furthermore, I think both CEOs want their stock prices up because at these levels there's a chance someone might come in with a better offer --- hence my comment, Be careful what you wish.

I'm still waiting to exhale.

Pat




To: kenneth kountz who wrote (7599)11/14/1997 4:48:00 AM
From: Trey McAtee  Read Replies (2) | Respond to of 21342
 
kenneth--

and who said subtlty was a lost art?

i think people delude themselves into thinking that buying stock is anything other than a gamble. sure, the odds may be better at this than they are in vegas, but the games the same. i can understand your statement about being tapped out. most people are, and i am getting killed on my longs. luckily i had some puts which i thought were a lost cause but thanks to the weak knees in hong kong, they have paid off nicely. but i know the longs will recover... they always do.

i am not pinning my hopes to the 17th. i'm betting that a year from now WSTL is going to be much higher than it is now. its a game of patience. i think most people will agree with me that when you stare eye to eye with the market long enough, it'll blink first.

thanks for the kind words, but dont put too much into what i say...what i post is what i have read, heard or think. in other words, a lot of it is my opinion. and, as my father says....opinions are like as_holes. everyone has one and they all stink.

good luck to all,
trey