Westell WSTL Message Board

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Technology Stocks : Westell WSTL

WSTL 6.160

-3.0%

3:31 PM EST

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To: Anthony Tsai who wrote (18829)	5/19/2000 9:09:00 AM
From: Anthony Tsai	Read Replies (1) of 21342

Chase H&Q reiterates BUY rating and near-term $49 price target. "Growth was driven by the phenomenal acceleration in the Company's DSL businesses" "We believe that the Company maintains numerous opportunities for additional upside as it continues to capitalize upon its strong relationship with its partners" "We believe the WSTL's current valuation is especially compelling. The Company's stock trades at a less than 2x CY01 sales while directly comparable companies trade in excess of 10x CY01 reveneues." Anthony

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