[Interesting Posts 1]
Just a few thoughts......
by: urgetosurge 5725 of 5734
Here are some thoughts.....take them for what their worth. on the positive side of things looks like the cpe ba for dmt is good. forward pricing losses are a thing of the past and the last 1/3 of this co. is finally making some money. Line cards production is way up along with flex cap. The long awaited and needed job cuts apparently has stopped the bleeding and one could only wish they continued cutting and remove some more of the crap, I mean fat. Most employess seem to be happy and quite positive with their positions at the co. and realize that the cuts were long needed for the co. to be more financially healthy. Engineers are staying put looking for a favorable stock option plan to be presented. Looks like the co. will be able to continue due to some elaborate multi-partnership financing. This financing arrangement seems to be quite complex trying to appease all parties so the final figures seem almost in place. I figure this is another attempt to make all parties happy while taking it in the ass, I mean back. Shareholder dilution in SOME measure is to be expected.....and once again the shareholder gets the backseat. As for taking the co. private thats not the thrust or the direction the co. wants to go. Here I do believe them however, mis-management, lack of execution, resistance to change their game plan despite obvious changes on the playing field, a lack of clarity with Wall street ( although some clarification has commenced), has placed this stock at the bottom of the pile. ( You know it takes some courage to admit that corporately you've made mistakes and been long in enacting change that can aright the ship. Maybe a little humility can shore up some slights and hurts among the parties involved ). Sorry, for digressing. On a longer term picture Westell can begin to see the light at the end of the tunnel if they can secure a favorable financing package that...IS FAVORABLE TO ALL, INCLUDING THE SHAREHOLDERS!!!!! If they are indeed starting to see a profit in dsl then estimates and further up-grades will be in order which should see a higher stock price. On a personal note, as a shareholder for several years now, if i could cost average further I probably would. I believe we will see 8-12 a hell of a lot sooner that north of 15. If all goes well we well could have seen the worst of what this co. could have thrown at us. Thoughtful Comments or serious questions are welcomed and will attempt to address them as best as I can.
MB |
