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: Dug who wrote (13859)11/4/1998 8:43:00 PM
From: Michael Perez  Read Replies (4) | Respond to of 21342
 
WSTL will be at 3 one year from now. The big boys are in the DSL game and no little company with management as bad as WSTL's is going to survive. This company had a great concept a few years ago "ADSL". Unfortunately they did not keep up with the times and everyone and their grandmother is getting in on ADSL....Even worse their still stuck on CAP.....no glite or DMT yet? What are they doing! Why would anyone commit to deploying their stuff when it won't even be compatible with the agreed standards. I predict BA is going to drop a bomb...the "oh by the way we're not going to be using WSTL's modems for those 60 cities, we'll be using AWRE's" . GOD, even PAIR has glite.
Yes I'm very bearish on WSTL.... Been that way for a while too. This company is a total disappointment. They've turned into an old concept with no one to sell to. Hence the lack of any buy out. They will go bankrupt. Todays run up was a good indication of what the market feels about WSTL. The market makers and the "I can't take it any more crowd" were dumping like mad, to the speculator crowd looking for a quick buck. The problem is now we have a bunch of speculators holding WSTL stock. When it does not produce they'll slowly start selling off again driving the price right back to 3 dollars a share.

Take a look at their accomplishments! NONE! ZERO! NADA! Oh sorry I forgot they have trials and they lost more money than they were supposed to last Q. WOW! BIG DEAL! Please stop fooling yourselves with dreams of mass deployments. That is why you bought WSTL. RIGHT!
It sure can't be that their making tons of money and are on the cutting edge of technology.

Say what you will, the price says I'm right. Either way, Good luck and may WSTL go back to 60 and split.
Later.