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Technology Stocks : Westell WSTL -- Ignore unavailable to you. Want to Upgrade?


To: P314159d who wrote (16452)6/17/1999 12:41:00 AM
From: DR.TECH  Read Replies (2) | Respond to of 21342
 
The DR feels a good board of directors should know how to start real change in an organization and evaluate the progress!Its evaluation time, and Buzzy I hope your lurking...First WSTLs board needs to access their contribution to positive change and new blood on this board should be a must...Who is setting the direction of this company, the board, management or maybe just the marketplace...If the latter is true, it is safe to say their could be executives that must be accountable to the board...Hopeful WSTLs board has established some type of evaluation method to decide who is doing a GOOD job on WSTL executive team...Lets take a look...Well for MZ, the the best close he has made was to actually get the CEO job it was a pure power play, the type of sales close that should noticed, however lack of JPC and GTE should be his black sheep baby...Overall I feel MZ is moving the company in the only direction he feels available for now....Next MH...Exec VP for Business Developement and Corporate Strategy, what the hell does that mean? Could that be Strategic Planning...THE DIRECTION of the company...I thought WSTL just had to restructure...Could that mean that MH dropped a very big ball and instead of the correct Planning for WSTL, he did Strategic reacting...Or could the AMTX deal fall on MH..or could the early dependence on TI chip fall into planning category...or maybe lack of early market g-lite...You can't do 9th inning deals like the financing and FUJ and expect stock market respect...MH, it judgement time, and if you can strategize your accomplishments to the board and keep your position you should at least get the penalty box and have to live in Ill....JN...COO...do you like operations or sales...Golf and sales are a better mix but I think R & D is under operations and those Public funds used for R&D should allow products to be delivered on time...I'm sure everbody can share some blame but the executives are the gatekeepers of a corporation that get the big bucks to avoid the misstakes! Now some suggestions,and other lurkers feel free to give yours too,Buzzy you are an owner, don't take up a board seat WSTL needs new board blood and your presence could be making the board silent to any difference in your views...Everybody knows you want 22 and the key is the planning to get their...Now that WSTl has financial footing it time for the company to take a chance on something new...But the PR/MEDIA/IR is non-existent, so if the company is going to do something good have a real PR pro to make sure the word is heard...Buzzy would you spend 100 grand of so for 400 million...I think so...IMHO