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Technology Stocks : Westell WSTL
WSTL 5.720+2.5%Nov 7 9:30 AM EST
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To: Anthony Tsai who wrote (21273)1/25/2002 10:33:37 AM
From: Shaw  Read Replies (1) of 21342
 
On the positive side WSTL is continuing to make progress in getting its house in order. Organizational progress is being made both on the financial front, more cash on hand this quarter, and in terms of making on going strategic decisions involving different departments.

Looks like DSL modems will be the most immediate bright spot. The opti-span product that serves the wireless carrier mkt. by converting copper over to fiber sounds interesting.

This dove tails in with Mr.Van Cullens earlier statement from some months back.

"The access technology now exists for open networking systems that enable the seamless connection of copper to fiber, wireless and other technologies," stated Cullens. "The new Westell will be focused on delivering leading broadband access solutions that will enhance the capabilities, and prolong the economic life of the 200 million copper access lines that comprise access networks in the U.S. market. Beyond that is an enormous global opportunity, and we are intent on being properly positioned to play a significant role in that opportunity when the dynamics are right."

The stocks holding up OK all considered. This leads me to believe that investors still have hope for the future
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