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


To: Czechsinthemail who wrote (19808)8/3/2000 8:41:40 AM
From: Anthony Tsai  Respond to of 21342
 
Jefferies & Company downgrades WSTL and EFNT today.

Downgrade from Buy to Hold.

3 Reasons:

1. Starting June 1,2000, DSL provisioning was transitioned from SBC to Advanced Services (subsidiary of SBC) because of regulatory issues related to the acquisition of Ameritech.

2. Inventory in SBC channel increased.

3. Potential strike at Verizon could have adverse impact on CPE modem shipments in current quarter. WSTL is primary supplier.

Anthony