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

To: Mad Bomber who wrote (18108)	2/23/2000 11:12:00 PM
From: Mahesh	Read Replies (1) \| Respond to of 21342

reading the proxy statement on edgar, they have clearly stated the intentions to vote with the 20% of the total votes (A and B combined) held by others (not the insiders, insiders together own 80%+). So they have got to vote with whatever the remainder 20% votes for (the majority of the 20%), else there appear to be clear grounds for a lawsuit. BTW, the only out is if there is another deal within a specified timeframe and then in that case there is a 7.2 Million penalty clause, which is miniscule.

To: Mad Bomber who wrote (18108)	2/24/2000 2:05:00 AM
From: P314159d	Respond to of 21342

Bottom line MB, forget the paranoia. It really is quite simple, the deal benefits both, the stocks go up so long as the market doesn't play havoc. You want that replayed???? start on Pair. You stand to gain at least 50%. Got it ? WSTL and TLTN first. REplay over at the PAIR and ADCT game. I think we know who to stick with.

To: Mad Bomber who wrote (18108)	2/24/2000 9:08:00 AM
From: schlep	Read Replies (1) \| Respond to of 21342

MB and Pied, They would get sued not because of their voting down the merger, but more due to stock manipulation and insider trading via the Short you mention in #2. Also, the Gap between TLTN and WSTL is quite volotile but appears to be closing. Yesterday, for a good part of the day, the discount (3.3wstl)-tltn was as high as 20%, yet fell to 12.5% at the end of the day. Last week, the discount was hovering around 15%. This is too exciting. I think the Dillon Warburg or Warburg Dillon report is huge as it aludes to contracts (swb, sbc) that are not yet formally announced. Think of the potential, rapid, exponential revenue rise as volumes ramp, all product by now yielding positive profit margin :-))))) BTW, even with a 20% discount, if we all believe that wstl by end of year will be $75, is it worth the risk reward to buy tltn at 20% discount instead of wstl risking the collapse of the merger???? Thoughts? My guess is not. -schlep from MB Would they get sued if they: 1. voted to approve when board voted 2. shorted the heck out of TLTN 3. and then used B shares to vote down merger at the Proxy??? Why is gap between (WSTL 3.3) and TLTN not closing??? MB