Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

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

To: Czechsinthemail who wrote (20855)	10/18/2000 8:46:34 AM
From: R. Murphey	Respond to of 21342

Baird, To augment your and Skiawal's statements... As I posted on RB yesterday: Seeing the CMTN fiasco this afternoon I became curious about what was happening with the Fujitsu (Europe) business arrangement. A news article, dated Sept. 12, the same date as the Westell "Webshare" announcement gave a little information. <snip> 12th September 2000 "Fujitsu's Key Contribution to Igniting UK Broadband ....Fujitsu is supplying ADSL (Asymmetrical Digital Subscriber Line) exchange-based and customer premises equipment to Ignite - BT's international broadband IP business...... ....BT is currently on target to provide coverage to 50% of UK households by the middle of 2001......." <snip> Source: ftel.co.uk Additionally, Westell modem (CPE) and "Webshareb" software are featured on the Fujitsu site at: ftel.co.uk I had not seen this information covered here before, and although it is no "guarantee" of future business, something is going on "out there" that may be benefiting Westell over the interim period, at least, IMHO. ************************************************* I returned to the original PR (03/27/2000), which states: <snip> "Westell Technologies and Fujitsu Telecom Europe Limited (FTEL)Enter Into New Multi-Million Dollar DSL Agreement Additional Multi-Million Dollar DSL Revenue Streams Anchor Strategic Alliance Between Leading DSL Firm and Global Telecom Provider AURORA, IL and BIRMINGHAM, ENGLAND… (March 27, 2000)… Westell Technologies, Inc. (NASDAQ: WSTL), and Fujitsu Telecom Europe Limited (FTEL) announced today that they have expanded their strategic alliance to meet FTEL's growing international demand for DSL products and services. Based on FTEL's increasing success in the global DSL marketplace and Westell Technologies' DSL designs, technologies and capabilities, the Companies have expanded their current arrangement for both network/central office equipment and Customer Premise Equipment (CPE). FTEL is increasing its level of DSL commitment to Westell and will continue sponsoring certain Westell DSL developments through 2001. In addition to supplying ATM based and 10Base-T Ethernet modems, Westell will also become the provider of Universal Serial Bus (USB) modems to FTEL for the period of this agreement. As part of the unique, powerful alliance, FTEL will continue to utilize and license Westell's technology as well as leverage Westell's manufacturing capabilities to support its growing demands for broadband products around the globe. Additionally, FTEL and Westell will jointly market and promote their DSL solutions to their international customer base....." <snip> So, acknowledging it represents only one market, it appears, again IMHO, there is some positive substance (for Westell) contained in the 9/12/2000 FTEL PR indicating the British Telecom project to reach 50% of UK households by mid-2001 is "on track". Now, if only the markets were rational........ Best regards, Bob

To: Czechsinthemail who wrote (20855)	10/18/2000 8:35:05 PM
From: Czechsinthemail	Read Replies (1) \| Respond to of 21342

Assuming there are no bad surprises, I'm sure Marc Z will take pains to distinguish WSTL's ILEC-based business model from the CLEC-based DSL companies. It will give him a chance to come off smelling like a rose by not pulling any surprise shareholder-guttings like CMTN. Well, I guess we got both the bad surprise and the shareholder-gutting. Not a very shareholder-friendly treatment, I'd say. We'll see what they have to say at the conference call. Meanwhile, we'll see if the stock finds a floor around book value and sales value per share. Both book and sales per share are around $4.68. Even with scumbags at the helm, it's hard to imagine it dropping too much below book value or a P/S of 1.