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

To: mike cobble who wrote (19502)	7/19/2000 9:32:29 PM
From: Sir Auric Goldfinger	Read Replies (2) \| Respond to of 21342

Lesson two for tonight: Learn how to read a balance sheet and see what the trends are: 1) Cash dropped dramatically and 2) recivables and inventory skyrocketed. These are NOT Good trends, in fact combined with gross margins that are LESS than CRUDE OIL (the world's biggest commodity), WSTL is headed exactly where I predicted it would. You fish will never learn until you have no dough left will ya? Westell Technologies, Inc. Consolidated Financial Results (Dollars in thousands except per share amounts) Three Months ended June 30, 2000 1999(A) % Change during the current quarter. (E) Loss year impact of dilution is anti-dilutive, therefore dilutive presentation is not applicable. Westell Technologies, Inc. Consolidated Financial Results (continued) (Dollars in thousands except per share amounts) June 30, March 31, 2000 2000 (000's) (unaudited) Cash and Short term Investments 12,959 29,209 Receivables 79,879 42,025 Inventory 43,398 30,741 Goodwill 167,245 175,482 Total current assets 151,682 117,025 Total current liabilities 82,428 52,690 Shareholders' Equity 282,060 279,663