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


To: Johnathan C. Doe who wrote (13731)10/27/1998 2:29:00 PM
From: Frank Ferrari  Read Replies (2) | Respond to of 21342
 
Unfortunately the way wstl is burning cash they may be bought for $1.

cheers
frank



To: Johnathan C. Doe who wrote (13731)10/27/1998 3:03:00 PM
From: Trey McAtee  Respond to of 21342
 
johnathan--

but at what price? with real deployments so far out, ALA and others can develop inhouse in the time allowed and pay for it themselves. why do they need WSTL.

i used to think the same way. that their 5ESS work in was worth something...that the DLC solution was worth something. i am no longer convinced of that. even if there is a buyout, who is to say that $2/share is not the price.

i guess the dumbest thing i have done with this stock is wait and pray. that never works and is the sign that the investment is NEVER going to recover. when i started that in december of last year i should have sold. if all we have is idle speculation and BS, then this isnt an investment.

good luck to all,
trey