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Non-Tech : Amati investors -- Ignore unavailable to you. Want to Upgrade?


To: bill c. who wrote (28982)11/19/1997 7:25:00 PM
From: Galirayo  Respond to of 31386
 
[ Could Be ]

==>
Under the agreement, Westell will assume the right to manufacture and sell Amati Allegro ADSL system products and all non-DSL Amati product lines, along with the right to fulfill existing customer contracts. Transfer of these contracts to Westell, which is subject to customer approval, recognizes Westell's leadership position in delivering systems solutions to customers... <==

But I'm curious if that means AMTXs' non fulfilled contracts or WSTLs'.

Guess we wait to see if the Customer Approves.

Ray

>> which is subject to customer approval<<

Hope a new Software Rev. don't knock them (WSTL) out.
:))



To: bill c. who wrote (28982)11/19/1997 7:34:00 PM
From: Mad Bomber  Respond to of 31386
 
[re: contracts]

...Under the agreement, Westell will assume the <<right>> to manufacture and sell Amati Allegro ADSL system products and all non-DSL Amati product lines, along with the <<right>> to fulfill existing customer contracts. Transfer of these contracts to Westell, which is <<subject to customer approval>>, recognizes Westell's leadership position in delivering systems solutions to customers...

I think WSTL would be in better position if above stated "exclusive right".

I will be watching with a finger in the wind.

By the way, this looked like a big secret. Yesterday, stocks were pretty flat on low volume if memory serves.

MB