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Technology Stocks : Westell WSTL

WSTL 6.020

+0.3%

Nov 28 9:30 AM EST

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To: add who wrote (20799)	10/18/2000 6:34:24 PM
From: Mark[ox5]	of 21342

Hi Mr. "Add"; I will accept your apology and your "crow" now.... thanks for the nice try. You have lying management... guided Kaufman 1 week before the end of the quarter to CPE 65M-70M, came in at 49M? A week before the quarter ended. looks like WSTL was NOT stealing accounts left and right from EFNT after all... so much for all the hype. CPI - no growth TAP - no growth CPE - huge negative sequential Transport - huge growth but that is Lucent and Copper Mountain territory, ultra competitive DSLAM - fun fun. I will await Mr. MZ and his "damage control" tommorow.. also cant wait to hear the progress of the IPO of CPI... sheesh. MZ and WSTL management you have ZERO credibility. Wall Street is putting you back in the doghouse now.. you put huge egg on Kaufmann's face. I feel bad for the people here who are decent, respectable and do DD, and "dared" to believe management; you should be able to trust your company's management.. we are all pawns to what they say.... what a crock of BS. Looks like its EFNT and ALA from here on out... WSTL can keep its ADSL line .. oh yes gross margins on equipment side lost 3% sequentially on top of everything else. (looks like CPE is somewhere in the 9-11% range GM) Yet somehow the poor sister EFNT was able to go up 6% to 32.5%. Anyhow, for the majority of you WSTL investors I feel bad that overpaid management can get away with this stuff. WHat a joke MZ.. you started your reign at WSTL $12.50/share and in 3 years you have done zilch to add shareholder value... misleading analysts is not the way to do it.

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