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

To: Lucky888 who wrote (18013)	2/16/2000 5:34:00 PM
From: LiPolymer	Read Replies (2) \| Respond to of 21342

Lucky, re: the WSTL/TLTN merger going through. <<You know there is a risk that tltn/wstl deal won't go through if wstl shareholders believe they are overpaying tltn.>> I gotta think it'll go through without a hitch on both sides. We're past HSR waiting, so the gov't ain't gonna rain on the parade. The TLTN folks will vote "Yes", 'cause they don't want to see their shares go back to $20-$30. I gotta think MZ and the BOD asked the S&P Trust about their thoughts before popping the merger PR. The Class B Trust shares can out-vote the Class A Common if they so choose. In a recent PR it stated the Trust is currently planning on voting in sympathy with the Common, but it clearly indicated they don't have to if they see things a different way. I think the Street is seeing the probability of the merger consummating is very high as well, hence the narrowing of the spread. Just hope TLTN ultimately comes up to meet WSTL's price, not the other way around. ;-) IMO the merger helps WSTL in some significant ways, not the least of which are increasing production capacity, adding cash to the reserves and exploiting some economies of scale in the existing Telco access business. The latter may not be a long-term growth area, but is a solid generator of both revenue and profit (see recent TLTN and WSTL quarterly reports). Who ever said only the pure DSL plays were going to be winners? How about building a booming ADSL business right on top of a solid Telco access operation? And this doesn't even consider CPI's value, bottom-line contribution and significant lead into the future of web-based conferencing. 8-) Regards, Gary Smith