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


To: Rich Wolf who wrote (20055)8/16/2000 12:13:15 PM
From: Norm Demers  Read Replies (1) | Respond to of 21342
 
As I send this message to SI over my new Westell modem. I can tell you DSL is on fire up here in the northeast. VZ is in high gear with their DSL rollouts. I'm getting bombarded by advertising for DSL on TV ,radio, and I even got 3 calls from VZ looking to set me up with DSL even though I already ordered it. Hearing nothing from the cable companies about broadband access. WSTL looks like it's under accumulation to me.



To: Rich Wolf who wrote (20055)8/16/2000 12:47:13 PM
From: Sir Auric Goldfinger  Read Replies (3) | Respond to of 21342
 
No! 20% GM for the bet the ranch modems is what WSTL got. Look at the cash deterioration,
WSTL did not "maker money" No in fact they chewed it:

ASSETS
March 31, June 30,
2000 2000
---------------- ----------------
(unaudited)
(in thousands)
<S> <C> <C>
Current assets:
Cash and cash equivalents........................................... $27,258 $12,959
Short term investments.............................................. 1,951 -