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Technology Stocks : Westell WSTL
WSTL 5.680+5.0%Nov 20 3:59 PM EST

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To: Curlton Latts who wrote (8345)12/17/1997 4:33:00 PM
From: kenneth kountz  Read Replies (1) of 21342
 
Dear Curlton:
I have long appreciated your comments on this and the AMTX thread. I recall your assessment of the bad financial condition of AMTX, long before any one else, so when you post, I pay attention.
In your latest post, you refer to a "leadership transition" that WSTL is going through. I thought Seamans was just on sick leave. Is there something more to his current demise? I can see the board being upset with his shooting off his mouth about the mysterious 3 signed but unrealized contracts so long ago. Do you think they asked him to take a hike?
I'm holding on to my WSTL stock, but, like Trey, I get a little crazy when a lot of so-called management registers en masse to sell shares. It is hardly a signal to Joe Sixpack that they think things are OK at the ranch. And I beg to differ with you that this share selling has the best interests of the shareholders in mind, considering the 50%-60% bath the stock has taken in the past couple of months.
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