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Technology Stocks : Westell WSTL
WSTL 6.000-3.1%Jan 16 9:30 AM EST
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To: Charlie Smith who wrote (15351)3/4/1999 10:34:00 PM
From: P314159d  Read Replies (1) of 21342
 
>>Activities like "sale of designs", "licensing" and "sale of targeted DSL products"

imply great problems indeed, sounds like plan C for DSL.

I have heard of Black Monday (and Sunday, movie I think),
for some It's Black Friday tomorrow ( the rest will just start looking).

It was encouraging that they want to refocus on TAP and CPI.
If they had spun off CPI, they would have an excellent multiple from that IPO to infuse cash into the other areas, but alas ...not.

I remember a dirtbag co., Electromagnetic Sciences, with little or no multiple do this with their wireless products and called LXE. Got 20 -25 multiple in a poor market like back when PEs wer in the 12-15 area. Today CPI probably could go 50 PE.
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