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

To: SJS who wrote (7804)	11/20/1997 10:15:00 AM
From: 4-UR-Eyes-Only	Respond to of 21342

MM's are trying to pull it down to $17.5 by the end of tomorrow to make the $17 1/2 option worthless.

To: SJS who wrote (7804)	11/20/1997 10:16:00 AM
From: Pierre Aydin	Read Replies (4) \| Respond to of 21342

The Amati/TI deal is a blow to Westell, that's the way the street sees it. The street did not like the WSTL/AMTX deal from the begining since the stock prices in both companies took a beating. I believe what's gonna happen is that WSTL will get beaten up more so that all the big guys could buy at fire sale prices. I bet you when all these analyts downgrade their firm is buying all the shares at cheap prices. I also believe that TI is not in the business of selling modems so no threat to WSTL, they just want to sell chips. I also think that one of WSTL competitors is gone being AMTX, this is good for WSTL and all the other DMT players will be history, they can't compete with the bigger players. I am looking for an entry point in WSTL around 15 if it gets there, You have to ask yourself, What has changed in WSTL before the merger announcement? Nothing and stock price is going down, this is just a game they are playing. Good luck to all Pierre

To: SJS who wrote (7804)	11/20/1997 10:29:00 AM
From: bill small	Read Replies (5) \| Respond to of 21342

Steve, the market is just not understanding the TI-WSTL-AMTX combo I talked to WSTL DIR of Communications yesterday and confirmed the great advantage to WSTL this latest relationship entails. They are wildly optimistic about it. More money now available for other uses. Still have access to AMTX technology. All the obvious advantages but still some don't get it. If Cowen did downgrade as mentioned in previous post, this would explain today's price action. Question I too have is what does Cowen or anyone else see as a negative about this turn of events. If they loved the stock a month ago, they should love it more now. best.......Bill