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Technology Stocks : Westell WSTL

WSTL 6.050

-1.3%

12:04 PM EST

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To: Skiawal who wrote (12618)	8/12/1998 11:14:00 PM
From: DR.TECH	Read Replies (5) of 21342

AT current prices WSTL adsl is being valued a 0 dollars...This is a absolutily obsurd valuation....Most analyst worth talking to realize this yet can't find interested investors...Small cap funds are raising cash, analyst are know where to be found, individual investors are worried about cable and brokers have lived in margin call hell with clients for a month....Sounds like we should put a bottom in very soon....Just remember RBOCs have nothing else but ADSL to keep local Intnt access customers and this will not be IF but WHEN....Also, WSTL has had more ADSL revenue and enginers than any other company that specializes in ADSL....ADSL will be a hot growth story again in the near future and WSTL will be there to participate...However, I feel that shareholders should E-mail MZ and tell him that WSTL should seriously consider a 1 to 2million share buyback too help preserve shareholder value in a small cap liquidation crisis and ignore legal advise of stock buy blackout....This is a premier ADSL company shareholders should speak their mind if that valuation is now nonexistent....

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