Westell WSTL Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Westell WSTL

WSTL 5.550

-2.6%

Nov 18 3:55 PM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Sir Auric Goldfinger who wrote (19749)	7/30/2000 2:27:37 PM
From: Michael F. Donadio	Read Replies (1) of 21342

Auric & other investors, <<"WSTL is burning cash like a banshee and leaving no skid marks as it flies off a cliff...">> I went back to the conference call and listened again to the discussion of cash flow, working capital requirements, financing of growth and short term debt, and payment schedules. It left me even more confident in the companies positioning and awareness of these issues than before. I recommend anyone who wants to hear the discussion for themselves to listen to these sections of the archived 1Q conference call available at: westell.com 1. Question from Clifton Gray of Kaufman Brothers: time 31:35 - 36:00 minutes 2. Question from Syed Haider of Frost Securities: time 41:00 - 46:00 minutes Both of these questions were answered by Marc Zionts (CEO) and Nick Hindman (CFO). I certainly would not say that it is a non-issue, but rather an issue that has been addressed and dealt with. The real issue is cash to support all the growth and this is discussed by Nick at 43:39 - 44:00 . Auric, I think this baby is going to fly. There may be some success for shorts in the near term with the market being the way it is, but even there I'm skeptical with the earnings and revenue growth WSTL is showing compared to many other tech stocks. I suggest you keep some shares in a long position and give it a shot. There is a lot of wealth about to be made. October is closer than you think. Michael P.S. Who knows you can become Diamond Platinumfinger

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next