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


To: Trey McAtee who wrote (8344)12/17/1997 4:15:00 PM
From: Curlton Latts  Read Replies (4) | Respond to of 21342
 
Trey: Waiting through the leadership transition is driving the uncertainty right now. They did put the BA guy on the board which I'm thankful for; as long as he doesn't own the office of the CEO. When this short term issue gets worked out we will see a big upsurge just on that news alone without even needing to see any money. There were some credibility problems which were created last Summer; those issues will not impact WSTL's leadership ADSL position on a go forward basis.

As I stated awhile back there were definite signals which indicated an important recapitulation of the entire WSTL business plan rationale. I believe some important improvements are/will be happening to reprioritize the direction and focus of WSTL's successful achievement of the financial goals and objectives of that plan.

You gotta believe ADSL is gonna fly. I believe WSTL will profit from that opportunity significantly with continued management and board decisions designed with the Shareholders, Customers and Employees in mind.

We'll know soon enough whether I am right in my assessment. Obviously, that assessment can change if near term events change. In the interim, unless ADSL stocks all take off in a group move that begins to leave WSTL significantly behind I will continue to ride this horse.

Good Luck To Each And All

Curly
~~~~~~~^^
[6.6]
.....>
[_]



To: Trey McAtee who wrote (8344)12/17/1997 6:15:00 PM
From: Daniel  Read Replies (1) | Respond to of 21342
 
> it has become obvious that the stock is heading nowhere.

Except that is was lower last winter (or whenever) and rose above
25. Nothing's obvious, unfortunately.

Daniel



To: Trey McAtee who wrote (8344)12/18/1997 11:03:00 AM
From: JW@KSC  Read Replies (4) | Respond to of 21342
 
Trey, Michael - WSTL Slide

Whenever a stock slides we here the same tones.

Anyone who bought into WSTL should have asked
about the volatility, you can see it in the charts.

I've watched WSTL go from $10. Jan 96 to $85
in June 96, Split then go to $20. Then head up to $45.
Oct. 96, only to fall to$10 in Mar. 97, rebound to $25.
in Sept. 97. and now fall to $11 9/16.

Why are you surprised? A quick look at a 720 day
chart shows the volatility very plainly.

I sold Amati at 19 13/16 rather than tender, to take advantage
of the buying opportunity in WSTL, hoping to make up the sorry $20.
we got for Amati.

I've played the game in WSTL a few times, as I did in Amati.

The Insiders have filled to sell, which does not mean they are
selling today, but at some point in the future, if they so desire.

When I sold Amati, WSTL was 14 1/2, and I've been patiently
waiting, and I'm still looking for the bottom.

Sorry your profits have disappeared, but they will return and you can make your exit. I have grown to like the volatility, in AMTX and WSTL, buy Low and sell High, and not hold out for pie in the sky, though the days of volatility are coming to and end as we get closer to the reality of ADSL to our homes, and WSTL could head for $85 again at any time, but don't hold it all waiting for it.

Fundamentally WSTL is in the best position it has ever been in,
the TI Partnership was a key play.

Note: Keep up the good work Curly!

Anyone wanting an Audio Primer on VPN head to
nwfusion.com

Regards
JW@KSC