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


To: P314159d who wrote (16186)5/18/1999 6:47:00 AM
From: JustInTime  Read Replies (2) | Respond to of 21342
 
>>ITIG

Definitely keep an eye on it. I feel real good about this one, and I am really not a "hypster". I bought a boatload at 5 5/8 and then sold 1 week later at 9 7/16 (maybe that is why I like the stock so much <g>), after the spike I re-bought back in at 6 7/8 and 7 1/4. If it drops any more, I will pick some more up (I will re-dobule my position at 6 1/2 and re-re-double at 6, that is how confident I feel about this one).

ITIG owns netpub.com (check it out netpub.com), which is an internet consulting firm, they have resources in india (read "cheap labor"). The biggest thing that drove the stock down IMO, is the slowdown in SAP sales a couple of months back. Well now take a look at the SAP chart and recent SAP annoucements and stock price, SAP is rebounding on better than expected sales etc... With SAP sales increasing and ITIG getting a good chunk of its revenue from SAP consulting, this stock has no place to go but up in the long run.

Good luck.