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Technology Stocks : Westell WSTL

WSTL 6.000

-3.1%

Jan 16 9:30 AM EST

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To: Skiawal who wrote (14827)	1/21/1999 8:08:00 PM
From: Archi Bagchi	Read Replies (1) of 21342

Skiawal: Could you please elaborate on this $50M from Fujitsu? Well, without cash flow like that, WSTL has only $15M at hand and that can last one quarter, may be two (just going by their balance sheet). I have been hopelessly hopeful on this company for last three years and only want something big to happen in coming months (thanks to DR and you for your positive postings on the issue). My biggest concern in not for the technical issues (DMT vs. CAP), certainly not on the future of ADSL (ADSL vs. Cable), but mostly for the simple possibility that a company so lean on cash position can be bought out very cheaply. Left alone, in a couple of years, WSTL is going to soar beyond $50. On the other hand, it may be sold off at $12-$20 range. If you think that is impossible, just remember what happened to AMTX. What do you think? AB

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