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Technology Stocks : Westell WSTL

WSTL 5.550

-2.6%

Nov 18 3:55 PM EST

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To: Trey McAtee who wrote (8537)	12/23/1997 11:54:00 AM
From: kenneth kountz	Read Replies (3) of 21342

[WSTL Buy Out] Trey: Isn't this internet technology great? Hope you are having a good vacation in Greece. For what its worth, with the current WSTL management, I too feel the competition will soon be looking to buy out the company. At a current price of near 10.5/share, it wouldn't take much more than the AMTX investment for some gorilla to gain hold of the firm. Its amazing to me how the fortunes of a company can change so quickly. A few months ago, the prospects looked so great for WSTL. Now it couldn't be dimmer. Management seems on hold, pending a resolution to Mr. Seaman's illness. No one seems to know a damn thing about the 3 mysterious contracts promised by Seamans some six months or so ago. The RBOC's are sitting on their backsides in so far as deployment goes. The situation certainly looks bleak enough for an outside firm to ride in with an offer of 15/share which I beleive would fly with the shareholders.

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