Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Zephod who wrote (9991)	4/2/1998 2:44:00 PM
From: Skiawal	Respond to of 21342

How bout that ALA form $25 to $40 in less than 4 weeks! Doesn't seem like it's slowing down yet!!!!!

To: Zephod who wrote (9991)	4/4/1998 11:50:00 AM
From: P1edPiper	Read Replies (5) \| Respond to of 21342

>>> I remember a trader telling me some years ago that can happen, I don't see how though. You just saw it again on Friday, just wait til Monday, given the UBS comments. Also, look for the whipsaw on WSTL this week, starting with the GTE news and then followed by the good news, also remember we still have to get by the massive losses from earnings, though I suspect WS is used to that on this co. by now. >>I was a pretty low volume sell off though, Same with Friday, one - fourth the # of shares and it wiped most of intraday gain out. Damn MMs do not give a hoot about the little investor, just the big boys and they still need more shares for them, come Mon. So I suspect they try again. >>>I'd appreciate you're insights into the Westell chart. Trading should get volatile ahead of the impending news and with GTE situation. UBS is the first evidence that I see from the street regarding GTE going anywhere but to WSTL (despite mgmt telling their their employees that the street knew). Once the significant low is set the stock goes to strong buy and we watch it graduate from the gutter. I cannot be sure if all this plays out for April options, but could envision a straddle working quite well both ways (one of the few times that strategy pays off). We shall see...