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Technology Stocks : Westell WSTL
WSTL 6.350+1.8%Dec 12 9:30 AM EST

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To: Jim S who wrote (16046)5/6/1999 9:06:00 PM
From: P314159d  Read Replies (1) of 21342
 
I have read the few responses on this and any of what I have heard
from friends is that this guy is a long-time acquaintance to the Penny's and WSTL some time ago when the company was private. Not an IPO type or for-sale type, but maybe a take 'em private type? I dunno.

He just has a long history with the Penny's and they wanted that due to Hawrycz's quick exit. As for new blood, Hawrycz worked there a long time 5?,10?years, this guy hasn't. So that is new blood, I guess.
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