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


To: Frank Ferrari who wrote (16764)7/29/1999 10:27:00 AM
From: Frank Ferrari  Read Replies (2) | Respond to of 21342
 
From the yahoo board

H&Q Comments about WSTL

Westell Technologies (WSTL) BUY $8.00 FY00 E: (0.24) FY01 E: 0.03
Reginal King 415-439-3419 rking@hamquist.com

New Catalyst Poised to Ignite Westell's xDSL Business: Reiterate BUY

Yesterday, Bell Atlantic announced that it is planning to double the rate of deployment of its Infospeed DSL services throughout the remainder of '99 and
into 2000. We believe that Westell is ideally positioned to benefit from this accelerated deployment due to its renewed five-year contract with Bell Atlantic for ADSL equipment. We feel that this accelerated roll-out could clearly expand upside opportunities for WSTL's DMT based ADSL business over the coming quarters. We reiterate our BUY rating and $16 price target for Westell Technologies.