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Technology Stocks : Westell WSTL
WSTL 6.100-1.0%Nov 14 9:30 AM EST

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To: Jon Taulbee who wrote (21217)8/17/2001 9:42:15 PM
From: zone_boundry  Read Replies (1) of 21342
 
Here is some news, I think it is good? Is it?

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Friday August 17, 4:13 pm Eastern Time

Press Release

SOURCE: Westell Technologies Inc.

Westell Technologies Announces Share Repurchase

AURORA, Ill.--(BUSINESS WIRE)--Aug. 17, 2001--Westell Technologies, Inc. (NASDAQ: WSTL - news) announced today that its Board of Directors has authorized the open market repurchase of up to 1,000,000 Class A Common Shares. Share purchases will be made from time to time based on market conditions.

``The current market price of our shares represents an outstanding purchase opportunity,'' stated Van Cullens, Westell's President and CEO. ``We believe repurchasing shares is in the best interest of all Westell stakeholders at this time.''

biz.yahoo.com
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