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Technology Stocks : Westell WSTL
WSTL 6.070-1.6%Dec 26 9:30 AM EST

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To: Skiawal who wrote (13673)10/22/1998 9:10:00 PM
From: Marc T. Archer  Read Replies (2) of 21342
 
>MZ said 1999 will be tough and they will most likely NEED $$$$$ but will only raise the $$$ under the right terms and best interest of us the shareholders...WE CAN ONLY HOPE!!

Conclusion...nothing until the year 2000...pray for a buy-out.


That's the part that worries me! If there going to have enough CASH to stick it out. Kinda like the stiuation Amati was in last year. Amati kept telling us there was NO problem and in there words "suitors are lined up down the hallway" wanting to invest cash. Well, we later learned that was a lie, plain and simple. At least in Amati's situation we got damn lucky that TI came in and bailed our ass's out. There was no way in hell that Amati could have lasted this long! IMHO, I think a buy-out is the ONLY way the shareholders are going to do okay with Westhell. It also worries me that offers for the company haven't exactly come flooding through the door even with the share price so low for so long.

MTA
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