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

To: P. Ramamoorthy who wrote (19608)	7/20/2000 9:11:30 PM
From: Skiawal	Read Replies (1) \| Respond to of 21342

A RUMOR WORTH READING..from Yahoo <By: capt_smartjack Date: 7/20/00 9:04 pm <Intersting that you should mention that. WSTL shipping DSLAMs to GTE is not a done deal, but a very stong possibility. It is currently being negotiated. Do not be surprised if you see that anouncement in the near future. But, don't discount the other things that are happening in transport. The mini DSLAM has many applications, and could be huge.> I find this hard to believe that WSTL would win this over ALA but the Captain has been on the up and up so far...WOW if they ever won the DSLAM business. Talk about grand slams. Talk about improving margins! Talk about $285 huh SweetLoui!

To: P. Ramamoorthy who wrote (19608)	7/20/2000 9:35:04 PM
From: max power	Respond to of 21342

Reuters, 07/20/2000 20:11 INTERVIEW-Westell sees four-fold revenue growth in 2001 By Yukari Iwatani CHICAGO, July 20 (Reuters) - Westell Technologies Inc. (NASDAQ:WSTL) said on Thursday it expects its full-year 2001 revenues to increase almost four-fold after the telecommunications equipment firm reported higher-than-expected first quarter results on Wednesday. Marc Zionts, chief executive of Westell, told Reuters in a telephone interview that he now expects the company to report full-year 2001 revenues of about $500 million, up from $122 million in 2000. "My sense is that it's very likely now that Westell is a company that ends up with significant revenues for the year," he said. Zionts had previously said he expects 2001 revenues of about $380 million. Westell reported a more than three-fold increase in fiscal-first quarter revenues to $107.9 million and pro forma net income of $3.7 million, or 6 cents a share, marking the first time that Westell reported a profit since its initial public offering in 1995. Its earnings per share for the quarter beat analysts' consensus estimate by four cents according to First Call/Thomson Financial, which tracks such data. Zionts said its surprising growth was driven by an increase in demand for its high-speed DSL (digital subscriber line) modems, primarily by British Telecommunications Plc (ISEL:BT), SBC Communications Inc. (NYSE:SBC) and Bell Atlantic. Revenues from modems rose to $61.9 million from $1.2 million a year before and $16.2 million from the previous quarter, he said. Zionts said he expects to continue to see healthy growth from modems but said the accelerated growth in coming quarters will be from Westell's transport systems group, which makes DSL network equipment and sells it through a partnership with Fujitsu Telecom Europe Ltd. "You'll see a lot of growth in that unit," he said. The transport systems group expects a deal with British Telecoms to ramp up significantly over the next few quarters, Zionts said. In its fiscal first quarter, the transport systems group reported revenues of $6 million, up from $3 million last year. Although Westell had previously said it expects to spin off its Conference Plus unit, which manages and hosts Internet, audio and video conferences, later this year, Zionts said it was more likely that it would be spun off next year. Shares of Westell rose more than 25 percent at 27 on Nasdaq in afternoon trade. chicago.equities.newsroom@reuters.com)) max

To: P. Ramamoorthy who wrote (19608)	7/21/2000 7:30:27 AM
From: Michael F. Donadio	Read Replies (1) \| Respond to of 21342

Ram, I'm sure you are right. I just prefer it otherwise. Here is btrader70's take. She had been negative coming into earnings and sold at 26. Good post: messages.yahoo.com Wow, I just checked the board here and I get mentioned in one of the newest posts! I first have to say that margins were better than I expected...better than I was told they would be (last time I listen to someone from Park Ridge). I did sell at a higher price than the current one though, so I'm still happy. Based on the numbers, and 22.5% gross margin, I actually thought we would have a better run this morning. I still expect it to close around 27. Matt, I hope your faith in the company pays off. The key is to get margins near 30%, everyone knows that revenue growth isn't a problem. What people don't understand are the costs associated with outsourcing, but I will let some others discuss that issue. Personally, I believe that every tech fund needs a number of broadband parts companies in their portfolio, and right now it looks like Westell should one of the smaller cap plays at the top of the list. I remember a statement that an analyst made about Broadcom awhile back "Broadcom is the arms dealer in a major campaign that will accelerate at an incredible rate." Westell could be the DSL "arms dealer", supplying the parts to SBC, GTE, etc., but I still believe margins need to improve. A very important point that should make "longs" smile is the fact that many money managers will take positions in Efficient, Copper Mountain, etc., and apply a portion of the money to Westell. By the way, you guys weren't TOO hard on me after margins came in higher than I expected. I guess the only reason Sweet Lou didn't yell at me more is because I don't have any shares right now. Then again, he could have offered me $40 to stay off of the board!