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Technology Stocks : Westell WSTL
WSTL 6.070-1.6%Dec 26 9:30 AM EST
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To: Charlie Smith who wrote (7292)10/24/1997 10:20:00 PM
From: jas singh MD  Read Replies (3) of 21342
 
"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 goesw to $8."

With all due respect Mr. Smith, based on the above statement, I was obviously listening to a different version of the conference call than you were. If I remember correctly, I believe that it was GS who said that all of the contracts that they lost were because of one reason-no DMT solution. AMTX brings this little commodity to the table. So tell me, how much is this worth to WSTL...or others? I don't think the AMTX shareholders will EVER go for .9 of a WSTL share if it is trading at the level that you mentioned in your post.
Having said all of this, I as a Amati shareholder, believe that the merger is to the benefit of BOTH companies. Lets not forget that point.

Sincerely,

Jas
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