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

To: Michael Perez who wrote (12410)	7/31/1998 1:57:00 AM
From: Trey McAtee	Respond to of 21342

michael-- i'll level with you...i have from time to time wondered if maybe the company has lost it. i have only been in one stock during such a precipitous drop, JTS, and i continue to hold simply becuase it has been written off. i guess we are allowed the occasional lapse. seriously though, none of what has weighed the stock down has come to pass. we got BEL, still holding onto BC and BT, the future looks even better than it did last year when the price was much higher. the only thing that has happened is that the price of the stock has gone down. if thats the only big change, what sense does it make to sell? i have been told i should sell because the market doesnt like it. the market is full of people of, well lets be honest, rather limited intelligence. take ASND. when we were buying that my broker said i was crazy. i sold some the other day and he didnt say word one about it. what the market doesnt like today, it loves tomorrow. as for me, i love something and stay with it until my feelings change. oh, i may be wrong about this one, and it may be heading for the pink sheets. but i know its not going to be because of cable modems beating ADSL or any other nonsense. look at some of the recent articles about cablemodems vs. DSL. what a joke. they act as if we will only get high speed one way and the other will die. this is rubbish, and the journalists who write that kind of drivel should be out of a job. of course, if they knew anything about what was going on they wouldnt be journalists<G>. one thing someone once told is that the difference between insanity and genius is time. well, i have plenty of that<G>. as for LU...i think they have licensed from AWRE for a g.lite solution instead of waiting for the ITU. they want part of the consumer end. it may compete with us, but it may not. as BT showed, the deploying company selects the vendors, not the integrator. to be honest, i think they just want a way to sell silicon and AWRE told them they would buy. i guess no one told either party that they wont be able to sell anything since as soon as the ITU standardizes g.lite, the taiwanese will license it and start churning out cheap modems for the consumer market. DSLAMS are where its at. good luck to all, trey