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

To: Vladimir Zelener who wrote (12652)	8/14/1998 3:05:00 AM
From: Johnathan C. Doe	Read Replies (1) \| Respond to of 21342

You have to use the price each stock was at when the correction began, not their top. Westell was around 11; now it is about 55% down, just like many of the others. ADTN and PAIR are less speculative issues since they are earning money. Haven't looked at ORCTF's earnings for a long time; I'll have to look at that one. Any of the one's that are not making a profit, if they are not going to gel anytime soon, they get dumped out. When the correction ends, speculative money starts to return. Right now; it is all in the internet stocks and has been for most of the year. They are an exception and the reason is that they are supposed to be independent to the reason for the correction; Asia and Japan.

To: Vladimir Zelener who wrote (12652)	8/14/1998 3:17:00 AM
From: Mister5By5	Read Replies (1) \| Respond to of 21342

I read this thread everyday, and thought I'd finally contribute. It's been a gruesome descent, and for those who bought at $10, $15, or higher it's tough to stomach right now. The chart looks about as bad as a chart can look, so any TA type can only say one thing - its gonna go lower. What else can they say? A trend is a trend. However, the current situation reminds me of what happened with another stock I track. Like WSTL, SKYT (formerly MTEL) had a hot new technology (two way paging), but had horrible management and bad financials. It hung around $14 a share for a while (just as WSTL hung around $12) then fell all the way to $5 around March 1997. A lot of people thought (just as some think here) that it was destined to drop to $2 or $3, or even go out of business. Then suddenly, it turned. It actually crossed $20 by the end of 1997 and went to $25 before falling to its current level (about $16). Here's the chart: techstocks.com No TA type ever predicts these types of reversals. It bounced off $5 and was off to the races. As Yogi Berra said, this is deja vu all over again. I'm buying in the fives.

To: Vladimir Zelener who wrote (12652)	8/14/1998 4:35:00 AM
From: Trey McAtee	Respond to of 21342

vladimir-- in a word...bullsh_t. come on. you think ALA is going to shoot itself in the foot after spending that much for DSC. forget about ALA DSL. its a red herring. you are right about most of it. there are a variety of reasons... 1)FCC ruling...which is actually quite good for the RBOCs, but wall st. analysts are STUPID( yeah, i hate pointing out the obvious). 2)BEL uncertainty...ALA, DSC and all. again more analyst BS. 3)ADSL is too hard to make work...yeah, whatever. 4)cable is going to beat twisted pair. ok, pump your money into TCI debt. 5)WSTL is a CAP house...whatever. 6)WSTL cant compete with ALA... tell that to BT who will be using WSTL DMT instead of ALA DMT. and finally, my favorite... 7)i dont want to get caught in a seamens like pump and dump. its that simple. anyone want to join me in wishing mr. seamens a terribly unpleasent death? i am thinking something along the lines of coughing up blood. i honestly hope the f_cker is REALLY sick. good luck to all, trey