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Technology Stocks : Westell WSTL
WSTL 6.160+12.6%3:57 PM EST
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To: hal jordan who wrote (9708)3/12/1998 1:27:00 PM
From: Trey McAtee  Read Replies (4) of 21342
 
hal--

i think the street alreayd thinks that GTE is gone, and BEL as well. we are right back where we were when GTE looked like it was going to AMTX and BEL had not announced.

as for buyout, the buyer KNOWS thats its action will result in WSTL getting contracts. so, the premium to current may be MUCH higher than anyone anticipates. to be honest, i have heard numbers on takeout value from a few people who have looked at the company. the range is between 35 and 40.

good luck to all,
trey
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