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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 6:52:00 PM
From: bill c.  Read Replies (2) of 21342
 
continued....

As Westell stock holders we should understand how Westell is going to find additional funding to keep this company running. Why can't Westell give us a direction on how they plan on financing this company into the year 2000? They told us for the first time during the CC that they didn't have the capital to make it to mass deployment. Was it in their plans to run out of money before becoming profitable? Was it in their plans to find additional funding or is this a new line item in their business plan? Waiting until the stock is $3/share is poor planning when looking for additional funding.

During the last CC Kevin Slocum asked a number of important questions that Westell couldn't answer. One was the additional funding question. I would love to call Marc and clarify this point, but it was painfully obvious during the CC that Marc is over worked. Marc has a business to run, lets hope Westell can publicly state a direction for future financing... until later.

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