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

To: Anthony Tsai who wrote (20873)	10/18/2000 4:47:27 PM
From: Sir Auric Goldfinger	Read Replies (2) \| Respond to of 21342

Look at the cash they've gobbled! In effing credible! (but called by moi, nonetheless): Westell Technologies, Inc. Consolidated Financial Results (continued) (Dollars in thousands except per share amounts) September 30, March 31, 2000 2000 (000's) (unaudited) Cash and Short term Investments 8,391 29,209 Receivables 77,636 42,025 Inventory 90,540 30,741 Goodwill 159,287 175,482 Total current assets 192,628 117,025 Total current liabilities 128,477 52,690 Shareholders' Equity 277,837 279,663 Days Sales Outstanding 66 67(A) Footnotes: (A) Days sales outstanding calculation for March 31, 2000 was adjusted to normalize the impact of the Teltrend acquisition. The adjustment excludes Teltrend revenue in March subsequent to the merger and Teltrend trade receivables as of March 31, 2000.

To: Anthony Tsai who wrote (20873)	10/18/2000 4:47:35 PM
From: Kevin Thompson	Read Replies (1) \| Respond to of 21342

Didn't look bad to me. :) It was nice of Ziont's to lay things out for FY2001 and 02. A good deal of today's lowered earnings HAD to be factored into the current price. SO, while today's earnings tells of the past, the future seems to look ok. $kev$

To: Anthony Tsai who wrote (20873)	10/18/2000 4:55:03 PM
From: John Curtis	Respond to of 21342

It looks to be back trading. Island & Archipelago show ~$6.25, but the saving grace is as yet there's not much selling stacking up behind it. Selling is still stacked in the $9.5 and up range. Not much from there until ~$7. Unfortunately, I'm sure this will change for the worse over the course of the evening. So, it looks to be just about over for this equity into the immediate future as unfortunately the market isn't forgiving these days of even the slightest gaft. The only thing left which might possibly save this situation is to hear managements explanation tomorrow, eh? John~