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: bill c. who wrote (12649)8/13/1998 10:39:00 PM
From: Johnathan C. Doe  Read Replies (1) | Respond to of 21342
 
I think the current collapse in WSTL has much more to do with the collapse of most all non-internet tech stocks than anything going on in the company. This reminds me of the months long killing of tech stocks in the first 4 months of 1997; the drop was long and relentless. Then all of a sudden, it was over and most stuff bounced back 100% from their lows. Many hit lows in the middle of that drop. Westell was one that had already started recovering with bargin hunting by April of 1997. I think we are at a bottom with WSTL now and I think we will see some recovery from here on out. Tax selling might make it till middle of Dec. before a full recovery kicks in.



To: bill c. who wrote (12649)8/14/1998 4:23:00 AM
From: Trey McAtee  Respond to of 21342
 
bill--

losing contracts is not the problem...if thats what telechoice says...well, we already know the people at telechoice are as bright as black lights<G>.

the problem is the 3 unsigned contracts from last year... they have NEVER been adequetely explained. the problem is our good friend seamens (miserable bast_rd who i hope dies of a horrible disease) decided to turn the hype on and get us to hold and or buy at what turned out to be highs for the stock. of course, he was selling at the time.

seamens is dead...he knows that. he will never work at any company again because he is the shareholder kiss of death(would you buy stock in a company that listed seamens as CEO?). zionts, et al., are quickly heading down the same road by keeping everything so bottled up.

oh well, its time to admit that we NOW have a management team that is TOO risk adverse. here again, it would be nice to find the middle road.

of course, there are always DR.TECHs comments to lead us higher. this is the really sad part. the SOB (sorry DR.TECH) is right, but it doesnt have ANY effect on the stock price. everyone is petrified of being caught in the next pump and dump. so, things stay as they are.

good luck to all,
trey