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

To: bill c. who wrote (8329)	12/17/1997 1:11:00 PM
From: hal jordan	Read Replies (2) \| Respond to of 21342

>Today at least 15 insiders filed to sell WSTL stock.< !!!$%&**!!!! ARRGHHH!!!! Bill--that many insiders do not file to sell at these kind of prices unless something ugly is brewing. The only explanation I can think of on the positive side is maybe today is when they are allowed to sell (that happening only a few times a year) so they do so automatically regardless of price. Otherwise, my stock picking continues to bear poisonous mushrooms... Hal

To: bill c. who wrote (8329)	12/17/1997 5:33:00 PM
From: Skiawal	Read Replies (2) \| Respond to of 21342

Bill, Are you sure it is T. Benton and not a C or L Benton? Abrams "works on the street". He is from "The TCW Group, Inc." Does anyone know who they are? Investment Banking firm? Does anyone know how many shrs each individual owns? I have a feeling their filings are unrelated to WSTL business activities. I was "informed" that business is, "as usual" at WSTL and the only news to come is POSITIVE. There is no fundemental, financial, analytical or any other reason to support these low stock price levels. Basically, it is continued momentum selling as a result of Short Selling, Two Investment Firms pulling out of WSTL (one should be re-entering at these low levels), Margin Selling, Tax Loss Selling, Weak Price Selling, Market Makers, Scared Investors Selling, ETC>>> We have been here before, From Dec. 20, 1996 to March 14 1997 it went from $26 down to $8. From March 14, 1997 to June 8, 1997 it went from $8 to $26 and then on to $28. So here we are again. This time it will ride it even higher due to all of the added contracts (BA/GTE/BTE/BC) and alliances (TI/LU/MSFT) established over the last nine months. As long as I "confirmed" that there is nothing wrong in Aurora, quite frankly I don't care how low it goes since it will be crusing back up like a Patriot missile. This provides a ridiculous buying opportunity!