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


To: Trey McAtee who wrote (11015)5/27/1998 12:33:00 PM
From: kenneth kountz  Read Replies (2) | Respond to of 21342
 
Trey:
Thanks for your reply. I think you, Dr. Tech, and others on this board are very informative. However, with all due respect, on any day WSTL is "worth" only as much as someone is willing to pay for it. Today, that "worth" is only about $9+/share. If an outside company would make a bid for WSTL today, they might offer a premium of up to perhaps 50% of the current stock price, but a factor of 3?, i.e. to 30/share seems highly unlikely. If the stock were in the 20's then a takeover offer at 30/share may be possible. If this stock starts to move upward, look for some trades at the 15/share level; that will be me moving out of this heart attack provoking turkey. I'm tired of gambling with hard earned money.



To: Trey McAtee who wrote (11015)5/27/1998 12:39:00 PM
From: Dug  Read Replies (1) | Respond to of 21342
 
<when the market thinks like this, you should be buying as much as you can.>

Trey & all, sold my 10.75 last week @ 11. Broker happy! bought back yesterday @ 10.0625 so Im down as of my repurchase. Order to add in now @ 9 so lets see if they go back down & get it.

Regards,

Dug



To: Trey McAtee who wrote (11015)5/27/1998 12:42:00 PM
From: hal jordan  Read Replies (1) | Respond to of 21342
 
When you feel like throwing up, buy more.

My maxim of the day.

Hal



To: Trey McAtee who wrote (11015)5/27/1998 12:57:00 PM
From: steve s  Read Replies (1) | Respond to of 21342
 
<<<
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.
>>>>

Amen, brother...........
later......



To: Trey McAtee who wrote (11015)5/27/1998 4:34:00 PM
From: Leroyt  Respond to of 21342
 
Trey,

you say "WSTL is higly irrational" --

No, the stock market is hightly irrational!!

later, leroyt



To: Trey McAtee who wrote (11015)5/27/1998 11:07:00 PM
From: Yakov Lurye  Read Replies (2) | Respond to of 21342
 
<<..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.>>

Trey,

Actually things look better now - we are two quarters closer to the start of real deployment and "three large announcements coming next quarter" hype is out of the stock price.

My last foray into WSTL (in at 26, out at 22) didn't work well, hope to do better this time.

regards,

Y.