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


To: hal jordan who wrote (8682)12/31/1997 1:11:00 AM
From: JW@KSC  Read Replies (1) | Respond to of 21342
 
Re:In this crazy market, you could be buying in single digits next week.

Hal,

That could happen! In WSTL's case I like looking at past performance, or should I say past manipulation.

Some are saying it's a short squeeze.

After keeping a close eye on WSTL & AMTX over the past 2 years, when WSTL moves up, it rarely moves back down in the same breath.

Past performance shows it moves up 4 to 6 points then sits for 2-3 weeks and makes another 4-6 point move up.

If I had to guess, I'd say it will move up 1 1/2 - 2 points tomorrow.

No TA here, just past observations.

I feel better knowing Pat is on the trail.

Thanking All for their input today.

I wonder what Walt Deemer would say?

JW@KSC