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


To: g.w. barnard who wrote (7442)10/31/1997 8:18:00 PM
From: bill c.  Read Replies (2) | Respond to of 21342
 
GW: I've located the term "shelf registration" in another thread:

The shelf registration of $500 million is the very best news of the whole report. This means a possible stock and cash purchase of an existing company, a stock buyback(very unlikely in view of the recent 2/1 split) or an aquisition of another company(read between the lines). I am not bragging, but in several previous post, I predicted a stock split, (and it happened). This is an aggresive company and I really feel for certain, that in the coming year that we will see a lot of positive movement. I bought some more last week and will continue to buy on dips. DON'T let the momentum players run you out of this stock. ESV is cash rich, and looking for acquisitions!!!! Believe it. Jim.

exchange2000.com

PS. Netspeed is a private company, would they prefer stock and cash to merger with Westell?..... until later.



To: g.w. barnard who wrote (7442)10/31/1997 10:48:00 PM
From: Ken M  Respond to of 21342
 
Quote

Shelf Registration

Term used for securities and exchange commission rule 415 adopted in the 1980s, which allows a corporation to comply with registration requirements up to two years prior to a public offering of securities. With the registration "on the shelf," the corporation, by simply updating regularly filed annual, quarterly, and related reports to the SEC, can go to the market as conditions become favorable with a minimum of administrative preparation. The flexibility corporate issuers enjoy as the result of shelf registration translate into substantial savings of time and expense.

For what it is worth

Ken M.