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

To: PeterR1700 who wrote (10338)	4/24/1998 5:07:00 PM
From: Trey McAtee	Read Replies (2) \| Respond to of 21342

peter-- i believe the soviets were the pioneers in the use of collective suffering<G>. not too much sun today. was good to see KTEL get the crap kicked out of it again. YHOOs valuation while absurd is more justifiable than KTELs. as a side note, just to show that professionals are sometimes not as good as we think, jeffery wardell, who is the guy running WIRED magazines tech fund, shorted YHOO at 66. i guess we will have to wait until next month to find out if he covered at 70, 80, 90 or higher. this is what i dont get...i didnt have the balls to short YHOO. the float is just too thin and the level of interest is way too high. but, he was right. even at 66 the valuation is too high. while i might be able to excuse that, selling ASND at 30 i simply can not excuse. that was just stupid. mr wardell works at H&Q. sorry for the mini-rant. have a great weekend. good luck to all, trey