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


To: srvhap who wrote (10630)5/8/1998 3:36:00 AM
From: Robert L. Ray  Read Replies (1) | Respond to of 21342
 
>>>Stocks are cheap for a reason.

Well sometimes they are and sometimes they're not. It's always a case by case basis. I've always had excellent luck buying down and out stocks that have good underlying technology. I didn't buy WSTL simply because they were cheap. That was just one of the reasons. I'm convinced ADSL is a winning technology. That alone is half the battle in a way. There's going to be more than one winner here among the pure/er players (WSTL, PAIR, ORCTF, AWRE) I feel. WSTL I feel has the best risk/reward ratio of the group.