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Technology Stocks : Westell WSTL
WSTL 6.100-1.0%Nov 14 9:30 AM EST
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To: DR.TECH who wrote (11526)6/13/1998 11:29:00 AM
From: Charlie Smith  Read Replies (1) of 21342
 
DR.:

<<Does anybody know why LU is precluded from buying or investing in WSTL till SEPT?>>

They aren't. They can buy anybody they want as long as they use purchase accounting, transactions which are usually done for cash. They are prohibited from doing a pooling transaction (usually done with stock) until this fall because of their spin off from AT&T two years ago. WSTL is small enough that a cash purchase is doable.

RE ALA/DSC deal, still no evidence that ALA isn't ready to crush WSTL on price/availablity for DMT product in 1999.

Charlie
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