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

To: Rich Wolf who wrote (19693)	7/26/2000 6:05:27 PM
From: Galirayo	Read Replies (1) \| Respond to of 21342

He can't answer any questions. He just likes to rattle. Ray

To: Rich Wolf who wrote (19693)	7/26/2000 7:10:43 PM
From: Michael F. Donadio	Respond to of 21342

Rich, The issue of cash flow was addressed at the conference call. The Kaufman Bros.' analyst brought it up and it was discussed. WSTL is ramping like crazy and outflows right now exceed inflows -- accounts receiveable have a lag. This is par for the course at this time of explosive ramp up and I see it as a positive indication of their spectacular growth. Pubic Leadfinger wants to put a negative spin on it for his own AGENDA as well as anything else he can grab a hold of. WSTL made arrangements with a midwest bank for 30million as a line of credit -- NO CONVERTIBLES. The CFO said this is a matter of things going out faster than the receiveables -- it's not that they have unsold inventory waiting in the warehouse. Let Leadfinger spin himself sick and regurgitate all the fish he is devouring. WSTL won the lottery and is waiting for the check. All the best, Michael

To: Rich Wolf who wrote (19693)	7/26/2000 10:41:28 PM
From: apollo_2000	Read Replies (3) \| Respond to of 21342

This really bothers me that just when the ADSL market seems to be taking off, MZ and JN file a possible sell off of Westell shares. Its not like they don’t make enough money off their salary. Where is their vote of confidence, as they seem to have at their Conference Calls? You would think with all the annalist calling for at least 45 or more that they would hold on to the shares longer. This is a concern to me, especially when I see over 100,000 to 200,000 shares to possibly sell off. How sad to see this, or is it greed on their part to make a huge salary and sell the shares and run while they think it may be at a peak level. Another question is how much of their stock was given to them as we have to buy ours, too bad they can't show a little more strength by holding on at least another year. I hate to say it, but maybe AG sees things, which we refuse to see. I hope he is wrong about the cash flow statements, but it does make me wonder after the resent filings.