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

To: Marc T. Archer who wrote (14178)	11/29/1998 12:24:00 PM
From: Dug	Read Replies (1) \| Respond to of 21342

Marc, Friday's run was on low volume & only produced a spinning top. I didn't care for that. It looks like a momentum stock & Id play it that way. Too expensive for me. Would take considerable watching even after a position was set. A little insider buying which you know I liked. Id look to see where they exit. Didn't care for the negative earnings. Id read the latest 10 Q @ the very least as below is from such. <The Company expects to continue to incur substantial operating losses for the foreseeable future.> I like what they do & think it will bear fruit in time & I run across their site from time to time. Im just not sure what time frame that may be. Has substance as a buyout. Id check the outstanding stock & short interest as well. 8K on Nov 20, I didn't but would read that as well. Bottom line, if you have time to watch, it might be worth a play but only @ the level you have picked. I agree with you in that video will be the driver & it would be a better play than Yahoo. Keep in mind that Ive been wrong on internet stocks as they seem to keep running but if I used better judgement Id say that the market returns to earnings based investments @ some point. 50 might be a good entry point but Id be careful w/ my entry as 30 is a possibility. Dug P.S. Depending on the Dows close for the end of this year its beginning to look like we might see a spike above the baby boomers births in the S&P so you may not see 50 as well. BTW, Im of the opinion that Wstl's chart is indicating news soon.

To: Marc T. Archer who wrote (14178)	11/30/1998 12:40:00 AM
From: Trey McAtee	Respond to of 21342

marc- i visited them just before the IPO. was not impressed at all, especially considering that anything they can do the broadcast networks, as well as RNWK and YHOO, can do as well. its just not a good enough story. of course, you can play it purely from the name game...but who knows how long that will hold up. to be honest, it appears to me that the company is a way for the employees and management to get rich off the stock. it may go up to 200, or fall down to 30. who knows. its like a game of jenga<G>. one other thing...the offices and the cars in the lot were too damn nice for a startup. the VCs are giving away too much money. good luck to all, trey