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Technology Stocks : Westell WSTL
WSTL 6.070-1.6%Dec 26 9:30 AM EST

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To: kenneth kountz who wrote (7290)10/24/1997 9:45:00 PM
From: Charlie Smith  Read Replies (1) of 21342
 
kenneth:

There is no "collar" on this deal. We now know, given the announcement of the $5 million loan, that Amati's value ex the DMT line coding technology was minimal. That is why Amati will go forward with this deal even if WSTL goes to $8.

Regards.
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