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Technology Stocks : Westell WSTL
WSTL 5.640+1.3%3:53 PM EST

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To: Bruce Kuhn who wrote (21092)5/24/2001 1:12:48 AM
From: P314159d   of 21342
 
Given the latest numbers,you left at a good time.

Company has 11m working capital, no cash, expands operating loss to 18m or about 1.4m per week
last qtr and took a small charge to reduce operating expenses.
So it seems clear to me either the leaders are brain dead or
a buyout is imminent at the costs of the remaining sharelosers.

I expect the June financing is a part of this and Fujitsu plays a part.

IMO

I am sure the conference call will help explain matters...:>(
For some reason this company cannot produce adequate information to help analysts forecast the business. I only see
a buyout to help at all and it will be muted based on the finances
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