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


To: P1edPiper who wrote (10082)4/6/1998 12:15:00 AM
From: DR.TECH  Read Replies (1) | Respond to of 21342
 
1997 insider lockup periods were extented longer than anticipated into december 1997 due to the Amaiti negotiations, signed deal and cancelled deal. Also, the TI deal negotiations furthered the lockup period. This left many exec's and very small window to exercise and sell westell stock. You know the 1997 taxes have to be paid with something$$$$$.However , don,t think the company brass, large shareholders and everyday investors have not noticed the untimely sales of Mr. S. Abrams....New board members are easy to find.....



To: P1edPiper who wrote (10082)4/6/1998 12:40:00 AM
From: Trey McAtee  Read Replies (1) | Respond to of 21342
 
piper--

seamans great hype-a-thon occured during a CC last summer, thus there is no URL. still, the fact remains, he mislead us, whether it was intentional or not. a suit would determine whether it was intentional.

as i have stated before, i can't sue since i havent actually lost money on WSTL. but others can, and probably should. you can call him a nice old man or visionary all you want, but the fact remains...

as for his selling, he has been out of the loop. maybe WSTL cancelled his health insurance and he needed cash for the doctors. the fact of the matter is that he is gone, and with him a lot of the credibility gap whether you wish to acknowledge it or not.

by the way, do you have ev on the firings yet? i mean we knew seamens was going for a while, but we still dont know anything about the firings, and R&D expenses keep going up....

good luck to all,
trey



To: P1edPiper who wrote (10082)4/6/1998 10:32:00 AM
From: Zephod  Read Replies (1) | Respond to of 21342
 
>>>Your notion about the ORCTF announcement meaning DT vs. GTE.That seems criminal to me to double announce the same vendor so vaguely after it was widely known, so it never entered into my mind.

Piper; Good point. I thought that the scope and magnitude of the deployment might warrant additional PR. My reasoning was that neither DT or Orkit had actually announced DT is deploying Orkit. Everyone assumes it to be fact, and I'm sure it is, the CeBit PR that DT was demonstrating ADSL in their booth using Orkit was a pretty good clue. I've done a 180 since I posted that though, at this point I think its a foregone conclusion they're referring to GTE.

>>>I mean with 3 mil float all changing hands in the last week -- where has it all gone?

Very strange. It does seem unlikely that the whole trading float changed hands. There must be a lot of SOES activity, otherwise like you say where is it?

>>>(although I gotta keep room in margin for more WSTL's move you know)

I know the feeling. I have a hard time trying to time these stocks though. With the margin costs running <8%, it makes more sense for me to establish a leveraged position, with enough breathing room to weather a downdraft, and just sit back until it eventually pays off. Dave