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

To: max power who wrote (20035)	8/14/2000 8:50:42 PM
From: Skiawal	Read Replies (3) \| Respond to of 21342

WSTL on Nightly Business Report tonight...- WSTL is based in Aurora, IL. - WSTL has been flooded with orders from telecom companies that are trying to meet the crushing demand for broadband service. - Zionts states broadband will soon be the equivalent of television. - WSTL's reported sales this time last year were $3.5MM, they were $67.9MM the first quarter of this year. - The company states it can produce 7 times what it did last year. - Inventories of WSTL products have been building up at some telephone companies, as they cannot install orders quickly enough. - This worries some investors who have kept the stock at $16.56. - Zionts is confident the companies that currently have a backlog of orders will be able to catch up and thus eliminating any inventory concerns. - One analyst states WSTL is perfectly positioned to reap the benefits of a burgeoning market