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Technology Stocks : Westell WSTL

WSTL 6.350

+1.8%

Dec 12 9:30 AM EST

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To: Skiawal who wrote (7515)	11/4/1997 11:08:00 PM
From: pat mudge	Read Replies (2) of 21342

[Cowen BUY] Richard -- I don't think the Cowen BUY was put on the wires today. Just the same as before, my Oppenheimer friend phoned me the information from his Cowen friend and all I have is the skeleton: reiterated BUY based on three up-coming contracts -- one of which is not BT. From my notes: 1) Fujitsu to use Westell technology in xDSL network for BT. 2) Expect three bigger announcements 3) No change to earlier estimates The size of the BT contract is not known, but if it's similar to the others, it's roughly 1,000 lines. It is not one of the three contracts alluded to in earlier notes. Perhaps it will hit the wires tomorrow. Regards, Pat

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