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


To: Skiawal who wrote (14831)1/21/1999 7:42:00 PM
From: flyboy  Respond to of 21342
 
although the loss was wider than (.23) the analysts number that wasn't expected to actually be the number. The whisper number was in line (.26). With the positive CC I would actually expect a run up from here. Check out the web site it actually can be very useful.

earningswhispers.com

Good Luck
C I A O



To: Skiawal who wrote (14831)1/21/1999 7:49:00 PM
From: DanZ  Respond to of 21342
 
WSTL missed the First Call estimate but they did meet the whisper number. earningswhispers.com The earnings might be a wash.

The chart looks good as long as it holds 7 1/8 to 7 3/8 but it's having trouble getting through 9. I see downside risk to 6 to 6 1/4. The conference call was very upbeat and a lot of good things are coming down the road.

The S&P futures closed at a 2.16 discount to cash today. Fair value is 8.16, so the futures have to rally 6 points overnight just to get back to a flat opening for the broad market tomorrow. This may also affect how WSTL opens tomorrow.

Best of luck to everyone. To state the obvious, the way this goes tomorrow depends on whether traders place more importance on the conference call, the earnings report, or the broad market which might be weak.

Dan