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


To: Johnathan C. Doe who wrote (15674)4/9/1999 9:47:00 PM
From: Michael Perez  Read Replies (2) | Respond to of 21342
 
No I don't short WSTL. The selling that I was referring to, looked systematic and in the same lots. Conventional logic with buying stocks is that buying makes the price go up. Duhhh....So why didn't WSTL go down in the face of relentless block after block of 4,000 and 5,000 block sells with just some small 100-1,000 block buys. Anyone care to guess?

The morning was the same. But, I did see more buys of 4-5 thousands shares towards the end of the day.

I hope this POP in price really is the start of a run up in WSTL's stock price and not like the last two pops.

Does anyone recall from WSTL's last conference call that DSL revenue declined? Maybe we'll see a good revenue pop one the next earnings release. Anyone know when that will be?

GOOD LUCK......