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Technology Stocks : Westell WSTL
WSTL 5.760+0.2%3:47 PM EST

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To: Cristobal who wrote (16497)6/27/1999 11:52:00 PM
From: P314159d  Read Replies (1) of 21342
 
>> they must have hidden value or 20 million in convertibles would never have been issued ....

Just the investor the issuers are seeking...
Good logic, if they sell it the investor will come...

The good reason is the company goes very close to bankruptcy without it. Simple as that. Even with it the book value remains near a buck for a year disregarding any hiccup in the revenue plan.

Keep the faith.. WSTL needs investors with LT in mind to keep it floating at 7 ( oops, 6).
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