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


To: steve s who wrote (13921)11/7/1998 1:08:00 AM
From: steve s  Read Replies (1) | Respond to of 21342
 
On the short term positive side, this last weeks run up was GREAT!!!
From around 3 to 6 in less than a month. It's a good start
in the upward direction but is still too early to get excited.
Hope the MM's don't take there quick profits out of Westell
too soon. You really can't blame them because they probably
doubled their money. Not bad for this small window in time.
It's the longs (like me) that have to still wait and wait.
I am hoping that Westell will throw us a curve ball that no one
saw coming in a positive way.
Best of Luck.......



To: steve s who wrote (13921)11/7/1998 12:32:00 PM
From: Dug  Respond to of 21342
 
<Why would he put an accumulate rating on Westell based on the last CC ?>

steve, notice that his projection of $8 is for twelve months. Look for some kind of financing arrangement from Wstl within this time span. If the run up in price continues look for it to stop a little shy of where the stock price will stabilize. Its not Joel A who knows but the MM's who are buying right now. Wstl's hush policy is questionable from an individual's standpoint but thats just the way Wall Street works. Wstl has no choice in the matter as they have to work w/ the MM's be it up or down....

Dug