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

To: Andreas Helke who wrote (16313)	6/2/1999 11:42:00 PM
From: P314159d	Read Replies (3) \| Respond to of 21342

Hello Andreas, your name looked familiar but i couldn't place it untilI read your profile. Realized it was another co. I traded some time ago, that I remember your name from. That would be LGND. Any reason LGND could take off this summer, those earnings estimates you posted are huge. What accounts for the turnaround? I like the chart for a move back to 17 and would love a reason for a breakout. If 0.55 is accurate for 2K earnings, LGND is worth 30+, based on typical biotech valuations. But if you like value plays, WSTL is limited beyond the trading vehicle. You'd be better served with an AFCI or PAIR for undervalued telecom with ADSL exposure. PAIRs correction to low 12s is a good entry for the next year. WSTL is just ready to run abit, but reality always sets in to fix that. We'll see 5 again before 15, I think, but you never can plan the hype component as Steve S. points out. Send LGND response PM if need be.