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Technology Stocks : Westell WSTL
WSTL 5.570+1.1%3:57 PM EST
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To: apollo_2000 who wrote (21175)6/21/2001 12:35:12 PM
From: apollo_2000  Read Replies (1) of 21342
 
I hate to be so negative but, Westell sold over 1 million
ADSL modems and they don’t have a penny of profit to show
for it, how pathetic. Over 6 years of no profit, what type
of financial institution would give a company even more
money with such poorly managed funds? Maybe Westell could
get the 20 million they need from MZ or GS. Together with
MZ getting about 11 million and GS about 10 million they
would have enough.
My point is that Westell’s executives combined took in
millions, when they could have set it up so that know one
gets to sell their shares until the company makes a profit.
Then they would not be hurting as badly as they are now.
Well in about 6 more business days we will see how the
story unfolds, good or bad.
Just my opinion
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