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Technology Stocks : Westell WSTL
WSTL 6.400+1.1%Jan 30 9:30 AM EST
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To: Michael F. Donadio who wrote (17199)10/23/1999 5:23:00 PM
From: P314159d  Read Replies (2) of 21342
 
>>MZ said that the $1.6M for the quarter was misleading because it did not include the $3.1M they had received over the last 6 months from their partners for R&D.

Thanks for the mention, I only saw th ePR and not being there, I can't find out what is right with the numbers. But the comparison is still warranted 7m vs. 2.5 to 3m is no better. Still reflects a hi-tech co. spending 10% on RD vs higher nos. from the bests in Telecom.

>>R&D was the "fuel of the future"

Great comeback from a guy who stated that "you all can get new jobs if things don't work out" in his first meeting with the co. employees after Seamans left. I'll always remember that statement as a macrocosm of the chief vs warrior problem that taints the work force this past decade. One the warriors have won at the former shell WSTL.
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