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


To: Trey McAtee who wrote (12395)7/30/1998 3:07:00 PM
From: Marc T. Archer  Read Replies (3) | Respond to of 21342
 
Where's the bottom?

Does anyone have any idea/guess where this thing will bottom at? I'm thinking about loading up big time at these levels but it's a little scarey. I think it can't possibly get much lower but then I thought that at 9. Surely the company will make SOME kind of comment no? I mean this stock's getting wiped out!

What am I not seeing that the market sees? It seems to me that WSTL's story has just gotten better since last year yet were tanking big time. What's the financial shape of this company? I remember with Amati thinking I couldn't believe how low it got until we finally learned that they were dead broke. Could that be possible here?

Absoultly confused at this point.
MTA