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Technology Stocks : Westell WSTL

WSTL 5.700

-7.2%

Dec 29 3:56 PM EST

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To: bill c. who wrote (13742)	10/27/1998 6:39:00 PM
From: Dug	Read Replies (1) of 21342

<Can Marc make that decision or does it come from the board or from the Penny family trust?> Bill, it always comes from the board w/ any company that has one or @ least thats been my experience. However, directors other that Mr. Penny or Simon will be the ones shaking their heads in agreement... Ive read that the Pennies have much stock & Im assuming they have more as family members have additional stock besides the fund? Id have to look harder than I have. If not, Mr. Simon would hold more that the trust unless hes family too. Id have to read it again. Ill check next time I get curious unless someone else already knows. As for info from the co. your right & I can see the Co.s side of this but thats what makes it a guessing game... <Between CC did BC tell Westell not to talk about the initial deployment contract?> I posted to you some time ago that I thought a policy change had taken place & still do. Not so much because of BC but because of what happened w/ Gary. Id like to see it followed up & that includes talk of cable modems during a major press conference w/ the stock halted. Still pissed over that one. I somewhat agree w/ Trey but think a little different in that I think Wstl needs to start focusing on additional products also. This leaves Wstl w/ a huge need for $. Im not sure about your other questions & still think its a little early to decide how long term BA is w/ Cap deployment. I can't see any Bell putting up good money to trash what they have done 1 year later. They just don't work that way. CEO would need ROI on that too. I will tell you this though. Paradyne will be supplying as much as Wstl to Ba if not more IMHO. <Well it's obvious that those other businesses can't get them there, they need additional funds....> I think this is what made MZ a little nervous w/ good reason. Keep in mind that I did not & haven't listened to a CC yet. Skin of our teeth is dam right. Dug P.S. All opinion only & Im assuming MZ reports to Mr. Gaynor & Mr Nelson who is the president but not sure about the later.

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