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Technology Stocks : Westell WSTL
WSTL 5.850-1.0%Dec 22 3:59 PM EST

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To: Jim Miller who wrote (10378)4/28/1998 9:50:00 AM
From: Kevin Thompson  Read Replies (3) of 21342
 
Jim/Ken:

Don't get despondent just yet- as Trey points out, if BA is doing a roll out this Fall, they are ordering the equipment NOW. If this is true, it will likely show up in the bottom line on May 14th. Perhaps WSTL knowingly did not pursue the loss-leading GTE contract to devote their energies to the profitable BA deal?

Now, I might FULLY believe that if Seamans wasn't selling so much of his stock. Even if he was fired or has cancer, if he thought the stock was soon going to be worth twice today's price, he would be foolish to be dumping it...

Thoughts appreciated. (Also, how much stock does Seamans still own- it's now obvious to me that he intends to own 0 shares in a hurry... he is selling 50,000 per week.)

Kevin
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