SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: kenneth kountz who wrote (11008)5/27/1998 9:04:00 AM
From: Anthony Tsai  Read Replies (1) | Respond to of 21342
 
Sorry if i haven't been posting the block trades and trading
stats for the day. I don't own much WSTL, and I basically have
given up on this stock. It's too much of a waste of time
to post all the trading stats for the day. Even if good news
comes out, the stock just seems to go down, just like when the
GTE news came out last week.

Just my opinion,

Anthony



To: kenneth kountz who wrote (11008)5/27/1998 12:07:00 PM
From: Trey McAtee  Read Replies (6) | Respond to of 21342
 
kenneth--

i'll tell you...i find it difficult to understand why something that looks great at 20 a share looks bad at 10 a share. what changed? notheing other than the stock price.

WSTL is higly irrational and irrationality has the nasty habit of swinging both ways. in other words, todays loser is tomorrows winner. as for CSCO, this could push LU into buying WSTL.

as for the takeover value...30/share is the low end. THAT is what the company is worth. i will not sell for less. remember this stock went from around 8 to the mid 20s in two months last year. it will likely so the same thing this year.

one more thing, and you should focus on this and this alone...the stock is down not because of what CSCO has done, or because someone knows more than we do. its down because everything is down. the general perception in the market right now is that tech is not the place to be. when the market thinks like this, you should be buying as much as you can.

good luck to all,
trey