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


To: x70sxn who wrote (8436)12/18/1997 11:19:00 AM
From: Alan Aronoff  Read Replies (1) | Respond to of 21342
 
I haven't been keeping up with the daily happenings of WSTL (now my interest is growing due to the falling stock price) but I assume WSTL is still working with Nortel. So the following PR offers some positive news...

ATLANTA, Dec. 18 /PRNewswire/ - GTE has selected Nortel (Northern
Telecom) AccessNode and AccessNode Express next generation digital loop
carrier (NGDLC) platforms as one of the solutions for its national network.
The selection of Nortel access solutions expands GTE's use of Nortel's
AccessNode systems, which have been supplying voice and data services to GTE
since 1994.
''In order to be competitive in today's market, we need access solutions
that are feature-rich and future-ready,'' said Barry Paulson, GTE's vice
president of operations planning and support. ''With Nortel's AccessNode and
AccessNode Express platforms, we can rapidly meet our customers' new service
demands, always staying one step ahead of the competition.''
Nortel's access solutions offer carriers the ability to rapidly and
cost-effectively deliver new, robust services to their subscribers. The
AccessNode and AccessNode Express platforms have the ability to offer
revenue-generating services of the future such as Asymmetrical Digital
Subscriber Line (ADSL), Very high rate Digital Subscriber Line (VDSL), and
fiber to the curb (FTTC)-allowing carriers to evolve their offerings as
demands for new services arise.
Nortel's AccessNode Express platform provides scaleable, cost-effective
solutions for serving low-line size voice and data applications. The remote
modules of the AccessNode Express allow carriers to offer a combination of
voice and data services and to expand their service offerings as customer
demands evolve.
Nortel's AccessNode is a versatile, full-service, GR-303 compliant access
vehicle that supports multiple access mediums and bandwidth management for
both TDM and packet data networks. With Nortel's AccessNode product family, a
single integrated network element supports a full portfolio of business and
residential services including POTS, Digital Centrex, ISDN, transparent LAN,
DS-1, DS-3 OC-3, and high-speed copper access services.

SOURCE Northern Telecom Limited
/CONTACT: Susan Shirley, Nortel, 770-661-4394,
susan_shirley(at)nortel.com; Frank McNally, Nortel, 703-712-8374,
frank.mcnally(at)nortel.com; Bill Kula, GTE, 972-718-6924,
william.kula(at)telops.gte.com; Or visit Nortel's web-site at www.nortel.com/
/Company News On-Call: prnewswire.com or fax 800-758-5801,
ext. 122158/
/Website: nortel.com
(NTL. NT)



To: x70sxn who wrote (8436)12/18/1997 1:05:00 PM
From: Trey McAtee  Respond to of 21342
 
shrini--

i wish i could live in fantasy land too.

i got my grandfather to buy IBM in 93. the stock price was too low. it was a decent company that got a lot of bad press and the prevailing view was that their core mainframe business was going to be eaten alive by server/client. of course it was all BS. the CEO at the time was a dip, but the company was still strong. it was a different situation than we are in now.i simply cannot believe you would compare the two.

look, i always stick to things long term. that is the only way to make a lot of money. the problem is the company has lied to us. for the last time: I AM NOT UPSET THAT I AM ALMOST TO BREAKEVEN ON THE STOCK. what i am upset about is the fact the company has done nothing but exacerbate the situation with its silence. i am upset that we STILL do NOT have the three promised contracts.

i love the technology and i love the market, but lets face facts...good technology doesnt do you any good with out good management. with the way things are going, i think it is fari to say we dont have good management.

as for a takeover, a good takeover candidate has revenues and earnings. at this time we dont have much of the former and none of the latter. besides, i would never tender my shares at less than 20.

good luck to all,
trey