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Technology Stocks : Westell WSTL
WSTL 5.300-3.3%11:18 AM EST

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To: Rich Wolf who wrote (19983)8/10/2000 7:53:49 PM
From: Emile Vidrine  Read Replies (3) of 21342
 
I think you're right. One or two percent would not make much difference. VZ officials indicated today that there would be a settlement "very" soon. I guess that means in the next couple of days. WSTL could easily pop a couple of points if the announcement the settlement in the next couple of days. The strike was one of the components that Jeffries used to downgrad and drive the stock from 20s to 15.

Our discussion today seem to confirm that WSTL is indeed well positioned for explosive growth in revenue and earnings for the next few Qs. I particularly liked the fact that VZ deployment is double last Q. Last Q was a blowout. If this applies to the other WSTL customers, we could see excellent results for Sept. Q.
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