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


To: charlie mcgeehan who wrote (19745)7/29/2000 10:07:40 PM
From: Sir Auric Goldfinger  Read Replies (2) | Respond to of 21342
 
In fact as the market deteriorates, WSTL's chance of getting money gets precarious as very few secondaries are getting done right now adn the ones that do are getting done waaaay in the hole. And believe me, when the 10Q does get filed mid -month (why does WSTL wait for the last possible date?) any institutional money still around will see what I've already told you mofos: WSTL is burning cash like a banshee and leaving no skid marks as it flies off a cliff...

And WSTL NEEDS cash as it's 20% gross margin DSL product when overhead is put on it for sales, marketing and administration causes the company to tape $20 bills onto every modem it sells. See you at $10?