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


To: dave turliku who wrote (15739)4/12/1999 7:47:00 PM
From: Mister5By5  Read Replies (1) | Respond to of 21342
 
Dave,

The chart looks good. We need a few more strong sessions to get the 50-day MA in a strong upswing before we can say BREAKOUT. You need the long term trendlines to cross before you have a long term rally. If we close above 10 on Friday, then I think we are off to the races.

I know I feel better about myself than I did at this time last week.

Mister5By5



To: dave turliku who wrote (15739)4/12/1999 11:11:00 PM
From: Trey McAtee  Respond to of 21342
 
dave--

the stock? hell yeah. i might play it trading, but never long again... as long as management stays in place. you have to realize, this is pure momentum. the fundamentals have not improved. dont make the mistake of thinking a higher stock price means the buisness model will pay off.

all in all, i cant really complain. i looked back over everything and since last october, i have managed to at least cover the cumulative cost of the capital planted in WSTL...and with the recent run up i have done pretty well. i still wish i sold out earlier, like in aug 1997<G>, but things have worked out well. its not the best return i have ever had, but when combined with the options i have played since last october, its decent.

so, i am pretty much out. have to see if it carries high enough tomorrow for me to get out of the rest of the common.

good luck to all,
trey