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

To: Sir Auric Goldfinger who wrote (19749)	7/30/2000 2:27:37 PM
From: Michael F. Donadio	Read Replies (1) \| Respond to of 21342

Auric & other investors, <<"WSTL is burning cash like a banshee and leaving no skid marks as it flies off a cliff...">> I went back to the conference call and listened again to the discussion of cash flow, working capital requirements, financing of growth and short term debt, and payment schedules. It left me even more confident in the companies positioning and awareness of these issues than before. I recommend anyone who wants to hear the discussion for themselves to listen to these sections of the archived 1Q conference call available at: westell.com 1. Question from Clifton Gray of Kaufman Brothers: time 31:35 - 36:00 minutes 2. Question from Syed Haider of Frost Securities: time 41:00 - 46:00 minutes Both of these questions were answered by Marc Zionts (CEO) and Nick Hindman (CFO). I certainly would not say that it is a non-issue, but rather an issue that has been addressed and dealt with. The real issue is cash to support all the growth and this is discussed by Nick at 43:39 - 44:00 . Auric, I think this baby is going to fly. There may be some success for shorts in the near term with the market being the way it is, but even there I'm skeptical with the earnings and revenue growth WSTL is showing compared to many other tech stocks. I suggest you keep some shares in a long position and give it a shot. There is a lot of wealth about to be made. October is closer than you think. Michael P.S. Who knows you can become Diamond Platinumfinger

To: Sir Auric Goldfinger who wrote (19749)	8/1/2000 12:54:26 AM
From: P314159d	Read Replies (2) \| Respond to of 21342

>>Warburg would like to do a secondary. For history's sake, dude,secondary was done already. I count it as in the realm of simple new stock offerings and if the mgmt has at least one head above the shoulders eying the shareholders, it won't be seen this year or until next year's brilliant release of Q3 earnings. Like VRTA did, it can raise some 250 million with little dilution (less than 5%). But you are correct in pointing out whether, the mgmt has such brilliance or whether they just showed it by dumping their holdings at these levels. <g> Auric... what are your favorite GOLD stocks? Must be about time for them