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


To: BULL who wrote (10219)4/15/1998 5:50:00 PM
From: Trey McAtee  Read Replies (1) | Respond to of 21342
 
bull--

i tihnk they are reporting soon, either this week or next. at any rate, while i expect the CC to be full of good feelings, i doubt there will be little substance to it unless there is something we dont know (very likely).

i really wouldnt call todays action a sell off, more like a float down(i know, i'm splitting hairs). low volume without much movement, it looks like they just can drive it down. we will close up tomorrow, but it looks like WSTL will stay well away from 15 ahead of the APR options expiration. we are using this as an opportunity to pick up aug and nov calls. should do pretty well with them.

that fact of the matter is that the good news is NOT priced into the stock, while all the bad news is. its just a matter of time until it has to go up.

good luck to all,
trey


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