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Technology Stocks : Westell WSTL
WSTL 5.650+4.4%10:37 AM EST

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To: bill c. who wrote (8521)12/22/1997 12:37:00 AM
From: SteveG  Read Replies (1) of 21342
 
<..Last quarter Westell generated 2Million on just 5,000 lines...>

They lost <.12> last quarter.

Did they report they had revenues of $2MM on 5K lines? Obviously, somone was paying $4K/line. How long do you think THAT'LL last? These were field test prices. You can't accurately extrapolate from them.

And my previous First Call consensus estimates were wrong (I was looking at another company). They are expecting a loss of <.43> in 98 and another loss of <.01> for 99. Profitability not expected until 2000. Both Forward Concepts and First Call see 35% growth for Westell. Seems that Zacks is more optimistic in earnings, seeing a loss of <.44> for 98 and a gain of .02 for 99. Although it appears that someone downgraded recently (more recently than Dain's going to neutral last month).

Steve
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