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Technology Stocks : Westell WSTL

WSTL 5.510

-3.0%

Nov 21 9:30 AM EST

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To: bill c. who wrote (7774)	11/19/1997 4:39:00 PM
From: rafael rodriguez	Read Replies (2) of 21342

Great News Just in........ 11/19/97 3:30 pm... WESTELL (WSTL 19-3/4) UP 1-3/4, IN STRATEGIC PACT WITH TXN TO SPEED DEVELOPMENT, DEPLOYMENT OF TXN'S DIGITAL SIGNAL PROCESSING-BASED DIGITAL SUBSCRIBER LINE (DSL) TECHNOLOGY... GOLDIS-PITTSBURG RATES BUY... Analyst Theo van Lingen tells MarketScope deal positive... Believes this agreement, TXN's purchase of AMATI COMMUNICATIONS three-way "win"... Says TXN will have access to DSL, non-DSL technology... Notes WSTL will have marketing potential associated with TXN... Expects WSTL will receive influx of $14.8M... Rates WSTL buy on weakness... Sees $0.35 FY 98 (Mar) loss, $0.16 FY 99 loss, $0.20 FY 00 EPS... Has $32 short term, $44 long term target./K.J.Wolfe -0- WSTL $ (2143) 11-19-97 04:12 PM EST

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