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

To: P1edPiper who wrote (10099)	4/6/1998 5:15:00 PM
From: Trey McAtee	Read Replies (3) \| Respond to of 21342

piper-- i BITCH so much simply because the stock has dissapointed me. if it was sitting at 30, you would rarely hear from me. what makes the situation even worse, is that WSTL is my ONLY holding that has not recovered from last fall. why do i stick with it? stubborness, and the inablity to take a loss on what i know can be a winner. i love the company, and so far i love the new management. i do not like seamens running the show. whether you like it or not, your really great guy duped people into buying last summer at close to twice the current price. and he persuaded those of us who were long to stay. thats a crook. what has had me irritated is that WSTL could be a great company with the right management. that is why i stick with it and will not go short, at least not at these levels. as for the CC comments, read back on the thread about that time, i think it was in june. as for seamens kicking my ass....LOL. i do not care if he plays basketball well. that does nothing for me. what does do something for me is his lack of restraint when making forward looking comments. it makes me angry because i LOOSE money. maybe you make investment decisions based on what kind of athelete the CEO of the company is. i do not. and about cancelling his insurance, i was simply suggesting a reason for him to sell stock. however, after his rather thoughtless remarks, i think many in management probably realized he had shot them in the foot. i would have a very high opinion of them if they cancelled his insurance. people go to jail for pimping stocks. you have made this about seamens personality, and that is not what it is about. the simple fact of the matter is that he is a bad CEO. as a person, i guess he could be good or bad. i dont know, and i dont care. all i care about is the price of the stock increasing. GET IT? as for length of time i have held WSTL, this also does not matter to me. i dont care if the guy was BORN into the CEO position. he is the CEO of a company i hold stock in, and i expect him to do his job, not be some thrid rate promoter. piper---here is my yardstick...stock price...thats it. if the price goes up, managment is doing a pretty good job. if it does nothing or goes down, they arent. good luck to all, trey