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

To: Trey McAtee who wrote (13657)	10/21/1998 1:53:00 PM
From: Johnathan C. Doe	Respond to of 21342

You're missing my point Trey; management is doing the work right now and was a few weeks ago. I don't see the share price drop having anything to do with management; if you don't understand that; you completely miss my point. I don't agree that the market is effecient or rational. Sentiment on ADSL seems to govern most of this. Why else is AWRE and ORCTF down as well; they suddenly have bad management also? As for being in WSTL at a loss for a long time and riding it down; there is absolutely no excuse not to average down when WSTL was under 3. In tech mid caps, often, the only way to make money is to average down when the drop is overdone and market and sentiment related. I have never thought ever that any money could be made in mid cap techs without trading them. Most don't do more than move in bands and it is just up and down up and down. There is a lot of money to be made in all of that, but a straight up long position is just a year's long waiting game I have no patience with. It seems to me to be a foolish way to approach mid cap techs.