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

To: dave turliku who wrote (16084)	5/8/1999 1:38:00 AM
From: Mister5By5	Read Replies (4) \| Respond to of 21342

Dave, Here's my advice. Hold until $15, unless one of the following scenarios unfolds: 1) If Dr. Tech posts this weekend, then dump it all for whatever you can get Monday morning. 2) If Dr. Tech posts twice this weekend, dump it all for whatever you can get and buy naked puts on Monday morning. 3) If Dr. Tech posts more than twice this weekend, dump it all for whatever you can get, buy naked puts, and pick a random ADSL stock (it doesn't matter which one) and go long on Monday morning. Hear me now, believe me later. BTW, is it true that Dr. Tech only holds 100 shares (average price around $40)? If so, he/she/it shouldn't jack around with the big holders/losers on this board. Take your $3500 loss like a he/she/it. Mister5By5

To: dave turliku who wrote (16084)	5/8/1999 4:28:00 PM
From: Trey McAtee	Read Replies (1) \| Respond to of 21342

dave-- sure. i was selling on friday, and will probably keep doing it on monday. will let you know when i think we have reached a top. good luck to all, trey

To: dave turliku who wrote (16084)	5/8/1999 6:38:00 PM
From: Trey McAtee	Respond to of 21342

dave-- the daily looks like it has a little further to go, but the 60 minute is already heading down. as for a guess on what its going to do monday... the technicals could turn to oversold with only a small loss on the stock, and then it could continue up. i would sell some on monday, but dont get too trigger happy. you will probably be able to buy back in before any big movement. good luck to all, trey

To: dave turliku who wrote (16084)	5/9/1999 10:34:00 PM
From: P314159d	Read Replies (2) \| Respond to of 21342

Ok Dave. I'll bite, but I could be wrong, this is the net and most people say stupid things... Like Hold WSTL for profit, if you got in to win at 8. While I agree with Trey that the momentum was lost on the move and that some distribution was seen at 7, the indicators haven't broken so bad to point to major change, yet. What i would look for is a big black body day on Monday, if it doesn't happen( and you'd have to cut losses midday if it does), then "W" bottom is for real. Each spike up had the big bad marabozu when it was done. This "W" is on the daily and hourly which portend a move to high 8's to 9. The daily chart is just turning ( on MACD histogram, Stoch and DMI) and some good follow thru this week could lead to much higher prices. The weekly is solid and improving and the monthly has been positive since the lowest prices were seen in the stock. All in all good bottoming candidate. BUT, I don't own so I have no buy-in. I don't like the fundamentals here, but the technicals have held for now. Still it is a speculation with a capital SPEC. Good luck on it, I know some friends that would love to see higher prices.