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


To: Kevin Thompson who wrote (10380)4/28/1998 10:15:00 AM
From: kenneth kountz  Read Replies (2) | Respond to of 21342
 
Kevin:
I'm trying to "Keep Hope Alive"', but it is becoming increasingly difficult for obvious reasons. My break-even point for this stock is $15/share, and I would be happy to get out at that point. I've long lost hope of ever achieving a profit in this turkey.
How do you know that Seamans is selling 50,000 shares per week? If this is true, I think its a travesty since I, together with others on this board, believe that he certainly helped to put WSTL in the predicament that it now is in. His infamous statements about significant contracts won, but which could not be announced, did a lot of harm to management credibility.



To: Kevin Thompson who wrote (10380)4/28/1998 11:03:00 AM
From: Skiawal  Read Replies (2) | Respond to of 21342
 
Seamans is selling because he needs lots of $$$ for his new home! That is the only reason why he is selling...Don't read into it anymore than that!



To: Kevin Thompson who wrote (10380)4/28/1998 2:58:00 PM
From: Trey McAtee  Respond to of 21342
 
kevin--

seamens has been out of the loop for a while. the rumor is he is building a house. personally i dont care. i dont worry until i see all of the management team selling heavily on a pop up.

WSTL has said they are concentrating on the customers who are going to deploy. the GTE deal would have been PR fluff. the funny thing is, GTE ILEC is still buying WSTL equipment. go figure.

good luck to all,
trey