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


To: Trey McAtee who wrote (15155)2/12/1999 9:18:00 PM
From: STOCKWOLF  Respond to of 21342
 
I live near Aurora Il where WESTELL is located. Not to long ago I took it upon myself to do some snooping around on a Saturday morning. The Building was very impressive and everything appeared to be very well maintained. I saw a middle aged gentlemen exiting a sport utility vehicle carrying a brief case. He looked like somebody important to me. I struck up a conversation with him not letting him know that I already owned stock in the company. To make a long story short his comments were not very enthusiastic. I think he was giving me the straight scoop but on the other hand he could have been a disgruntled employee. Anyway he made it sound like Westell is really struggling and did not recommend buying stock in the company. His only recommendation was that it might be possible to play it a little by buying at the lows and selling when it reached a few dollars higher. I sold at 8.00 and am looking to buy back in at about 4.00. Anyway I thought I'd share my findings. Sorry this is so long winded.
Good Luck Everyone!!