Westell WSTL Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Westell WSTL

WSTL 6.030

-2.7%

Jan 9 9:30 AM EST

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Trey McAtee who wrote (13618)	10/18/1998 12:57:00 PM
From: DR.TECH	Read Replies (1) of 21342

Time for action is now....Brief info oveview for this site to help you live with this uncertain perception for WSTL...First, the Mgt of this company is not sitting still..MZ last week was at BT-Alex brwn and the week before at Goldman not to give formal presentations but view Telco conf and press the flesh with inst. and analysts...His view of the state of WSTL's wall street perception. First, wall street does not trust WSTL's customers which seems reasonable since equipment vendors have had a very tough qtr. with Telco ordering pull backs...Second, wall street does not trust ADSL due to Telcos push outs and chip delays...Third, most inst. are BURIED I mean nasty buried like yourselves in small cap positions and fund mgrs just don't have the flexibility to buy this type of story until there is hard #'s in shipments..And finally, Forward pricing is bullshxt if Telco's don't committ to long term contracts, which they have not yet...Info update....WSTL has aprox. 26million in cash and this week secured a 15million dollar LOC which they don't anticipate using in the near term...WSTL has been offered various capital opp. but the right terms is the key...The lockup or BO period is still ON and MZ thinks it could run for the remainder of 98..It sounds like the news is out of his hands(this should sound familiar and signals to me a TELCO)...Based on my soucres WSTL shipped appoximatily 12,000 adsl units to BEL for the first month and they expect that # to rise each month based of BEL successful marketing of INFOspeed...Lu product ready for sale in NOV and should see things from LU on this it will contain the ADI chip at first but the TELCO's prefer the TXN chip because they want a class 2 chip(DSP) for large orders..If WSTL got the right deal on a strategic investor with a capital infusion they will start a company buyback...Just remember the Telco's have nothing else to compete with cable and major diff between cable modem companies and ADSL companies investment allure is # of shipments...I hope to see that change but their is other things that I feel WSTL should do..continued next post...

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next