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Technology Stocks : Westell WSTL

WSTL 6.160

+12.6%

Nov 13 4:00 PM EST

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To: zone_boundry who wrote (21254)	10/24/2001 11:13:03 AM
From: zone_boundry	of 21342

from a Yahooligan's view of the CC. They said in the last call that they would be building modems "starting in June" so there must have been more inventory... ________________________________________________ The loss: 3.7 million operating, this is counting 9/11 where Verizon through all their effort into getting the financial district wired again. 2.2 million restructure, laying people off, a plus going foward. 4.3 million obsolete inventory, could be Teltrend stuff or old Westell CPE. 8 million goodwill, the write off of Teltrend cost over valuation. I think next February you no longer have to count this. New SEC regulations. I expected CPI to be higher but maybe they do alot of business out of the financial district. 9/11!

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